Eurozone central banks may decide on loans worth $201bn via IMF

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Source: Bloomberg
© Scanpix/AP

European officials could agree on 150 bn euros ($201 bn) channelled through IMF to provide fresh financing source to tackle crisis, told EU diplomat. Euro region governments expect during the summit to get an affirmation from other non-euro countries to contribute extra 50bn euros. European leading economy Germany has not stated its position on the proposition. 

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Fri, 09 Dec 2011 06:09:27 GMT

US Senate blocks proposal to extend payroll tax reduction

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