European Monetary Fund : New York (TheStreet) – proposals for a state of emergency financial assistance fund in Europe after the European Commission was active, appeared ready to make it a reality. In the wake of Greece with the problems of sovereign debt, talk has swirled around the creation of the IMF, such as the mechanism for Europe can intervene in emergency situations to help stabilize the financial system. Although the ideas are not clear at this stage, and Bloomberg Business Week after that the team would discuss the proposal begins today and this rescue plan has come together by June.
“The committee is ready to propose such a tool for European assistance, which requires the support of all Member States in the euro area, again,” Amadeu Altafaj tardío, and the economy, “said a spokesman for the group, on Monday, according to the magazineBusiness Week.
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