Germany Won’t Block Bundesbank IMF Loans, Merkel Ally Says
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German Chancellor Angela Merkel’s government won’t stand in the way of Bundesbank help to fight the debt crisis by means of loans channeled through the International Monetary Fund, a senior Merkel ally said.
Germany is keen for the IMF to adopt a “decisive role” in combating the crisis alongside the European rescue fund, Michael Meister, the parliamentary finance spokesman for Merkel’s Christian Democratic Union, said today in a telephone interview.