EU finance
ministers issued communique said 19 day 17 euro-zone finance ministers participating have agreed,
agreed to International Monetary Fund
(IMF) to provide 150 billion euros in bilateral loans to help stabilize the situation in the euro area.
The statement said that on the day of the conference call on EU finance ministers, the EU member states expressed support for a substantial expansion of the IMF's resources, which will help the International Monetary Fund to help EU member states to implement its systematic task through difficult times, particularly in the aftermath of economic recession and financial market turbulence in the case. EU, particularly in the current euro area member states very clearly the mission of their situation, so the summit on 9 December, the euro area member states decided to work together to strengthen fiscal discipline, and deepen the internal market integration.
The statement said the meeting of eurozone finance ministers to provide 150 billion euros have to agree on matters, the Member States in accordance with the proportion of funding the International Monetary Fund in 2010 after the share reform program distribution. In addition to the euro area countries, the Czech Republic, Hungary, Poland and Sweden have expressed willingness to join the International Monetary Fund resources to expand the process, but the UK has made clear that early next year in the framework of the Group of Twenty define its share of funding .
Notice that the EU will continue to firmly implement the International Monetary Fund and regulatory reform in 2010 share the resolution.
During the three and a half-hour conference call on ministers to discuss the development of the EU summit of 09 European Union to the International Monetary Fund € 200 billion capital injection program. Under the program, which 200 billion euros in the euro-zone countries will be 150 billion euros, with the remaining part by non-euro area countries. According to the British at the International Monetary Fund's share is expected to require the UK invested 300 million euros.
The statement said that on the day of the conference call on EU finance ministers, the EU member states expressed support for a substantial expansion of the IMF's resources, which will help the International Monetary Fund to help EU member states to implement its systematic task through difficult times, particularly in the aftermath of economic recession and financial market turbulence in the case. EU, particularly in the current euro area member states very clearly the mission of their situation, so the summit on 9 December, the euro area member states decided to work together to strengthen fiscal discipline, and deepen the internal market integration.
The statement said the meeting of eurozone finance ministers to provide 150 billion euros have to agree on matters, the Member States in accordance with the proportion of funding the International Monetary Fund in 2010 after the share reform program distribution. In addition to the euro area countries, the Czech Republic, Hungary, Poland and Sweden have expressed willingness to join the International Monetary Fund resources to expand the process, but the UK has made clear that early next year in the framework of the Group of Twenty define its share of funding .
Notice that the EU will continue to firmly implement the International Monetary Fund and regulatory reform in 2010 share the resolution.
During the three and a half-hour conference call on ministers to discuss the development of the EU summit of 09 European Union to the International Monetary Fund € 200 billion capital injection program. Under the program, which 200 billion euros in the euro-zone countries will be 150 billion euros, with the remaining part by non-euro area countries. According to the British at the International Monetary Fund's share is expected to require the UK invested 300 million euros.
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