ECB lending to IMF for bailouts is getting more probable

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

Proposal envisaging ECB provide loans to IMF to finance bailouts in Eurozone that is standing at the threshold of severe debt crisis attracting more and more attention, reports Dow Jones Newswires. Germany and ECB do not accept the measure but in view of growing threat of Eurozone's recession there may not be any other alternative than to approve the proposal.

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