Eurozone falling short on funds to IMF
This is not encouraging. The Eurozone countries are falling short of the $200 million they pledged to the International Monetary Fund at the December 9 summit. Via EUobserver.com: Eurozone countries on Monday (19 December) agreed to pay €150bn to a special IMF fund but failed to reach their total ceiling of 200bn among all EU ...
This is not encouraging. The Eurozone countries are falling short of the $200 million they pledged to the International Monetary Fund at the December 9 summit. Via EUobserver.com:
This is not encouraging. The Eurozone countries are falling short of the $200 million they pledged to the International Monetary Fund at the December 9 summit. Via EUobserver.com:
Eurozone countries on Monday (19 December) agreed to pay €150bn to a special IMF fund but failed to reach their total ceiling of 200bn among all EU states, as pledged at a summit on 9 December, with Britain refusing to contribute to the euro-saving scheme. After a three-hour long conference organised by Jean-Claude Juncker, Luxembourg’s Prime Minister and head of the informal group of eurozone finance ministers, only the contributions of the euro countries were clearly spelled out, amounting to a total of €150 billion.
David Bosco is a professor at Indiana University’s Hamilton Lugar School of Global and International Studies. He is the author of The Poseidon Project: The Struggle to Govern the World’s Oceans. Twitter: @multilateralist
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