Euro-Zone Governments Agree to Provide Extra $195 Billion for IMF Lending
By Stephanie Bodoni & James G. Neuger -
2011-12-19T19:23:35Z
Euro-area governments met a target for boosting their anti-crisis warchest with a pledge to provide 150 billion euros ($195 billion) to the International Monetary Fund.
Four non-euro users -- the Czech Republic, Denmark, Poland and Sweden -- will also pitch in, Luxembourg Prime Minister Jean-Claude Juncker said in an e-mailed statement after chairing a teleconference of finance ministers today.
Britain will “define its contribution” in early 2012, the statement said.
To contact the editor responsible for this story: James G. Neuger at jneuger@bloomberg.net
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