Leaders of the 17-country euro area should look to the European Central Bank to support their moves to tame the debt crisis rather than relying on the International Monetary Fund, U.K. Prime Minister David Cameron said.
“We mustn’t permit the IMF to substitute for what the ECB and other institutions of the EU need to do,” Cameron told lawmakers in the House of Commons in London today. “It is for the euro zone and the ECB to support the euro, and global action cannot be a substitute for concrete action by the euro zone.”
http://www.bloomberg.com/news/2011-11-07/eu-ecb-should-support-euro-rather-than-imf-cameron-says.html
Tuesday, 8 November 2011
Posts
