Fri, 02 Dec 2011 16:24:46 GMT
Eurozone central banks may deliver $270bn via IMF to tackle debt turmoil
According to officials familiar with matter, the European leaders' proposal
to guide central banks' loans through IMF could provide nearly €200bn to tame
debt crisis. According to proposal central banks will recycle capital via IMF.
As Germany is not willing to lend extra money to troubled countries, the
proposal would reveal additional source of funding.