Euro zone plans to create IMF-style body to reinforce economic cooperation, surveillance (People’s Daily)

Germany and France are planning to launch a new initiative to reinforce economic cooperation and surveillance within the euro zone, including the establishment of a European Monetary Fund (EMF), the Financial Times reported on Monday. The paper quoted senior German government officials as saying that their intention is to set up the rules and tools to prevent any recurrence of instability in the …
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This entry was written by James, posted on March 8, 2010 at 7:51 am, filed under Surveillance News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.