Free Republic 4th Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $587
0%  
Woo hoo!! 4th qtr FReepathon is now underway!! Thank you everyone!! God bless.

Keyword: rescuemoney

Brevity: Headers | « Text »
  • IMF chief urges EU use rescue money for growth

    05/26/2010 3:27:24 PM PDT · by NormsRevenge · 1 replies · 207+ views
    AFP on Yahoo ^ | 5/26/10 | AFP
    BRASILIA (AFP) – IMF chief Dominique Strauss-Kahn urged EU countries to coordinate their national crisis recovery plans, notably by using part of a one-trillion-dollar EU-IMF stabilization fund to boost growth. "Part of this money should be used to boost growth, because without growth prospects in the eurozone and European countries it will be difficult to get out of the crisis," he told reporters during a visit to Brasilia. The fund he was referring to is a 750-billion-euro (one trillion dollar) rescue package put together earlier this month in a bid to prop up the euro after markets took fright at...