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28 Feb 2012

G-20 linking IMF hike to bigger EU ‘firewall' fund

"The G-20 nations are conditioning additional money for the International Monetary Fund on the European Union first increasing its financial stabilisation funds to ease concerns about the Euro zone debt crisis"

The Hindu : Opinion / Op-Ed : G-20 linking IMF hike to bigger EU ‘firewall' fund: There is broad agreement that the IMF cannot substitute for the absence of a stronger European firewall and that the IMF cannot move forward without more clarity on Europe's own plans.


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