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European Monetary Fund

This tag is associated with 2 posts

Snippet: Proposal for European Monetary Fund meets resistance

By ⋅ 11 March, 2010 ⋅ Post a comment

11 Mar. The German proposal to establish a European monetary fund ran into skepticism at home and abroad Tuesday, highlighting the political and legal hurdles that such an undertaking would face. In her first public reaction, the French economy minister, Christine Lagarde, described the idea as interesting, but not urgent. That sentiment was echoed by [...]

Snippet: Europe plans its own IMF

By ⋅ 9 March, 2010 ⋅ Post a comment

09 Mar. The European Commission will seek fundamental reform of the management of economic policy in the eurozone, including the co-ordination of fiscal policy, as it draws up details of a future European Monetary Fund. The proposed EMF will go beyond the creation of a pot of money that would bail out errant members of [...]

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