Germany rejects European fund for Greece

Mon, 02/15/2010 - 09:13 EDT story from
 

BERLIN (AP) -- Germany has rejected the idea of setting up a special fund to bail out eurozone countries, like Greece, that run into budget trouble....

Related

  • Germany rejects European fund for Greece (AP)

    AP - Germany has rejected the idea of setting up a special fund to bail out eurozone countries, like Greece, that run into budget trouble.

  • Germany backs IMF bail-out for Greece

    Berlin decides that Greece will have to turn to the International Monetary Fund if it needs financial assistance to back its austerity programme, rather than to fellow members of the eurozone

  • Berlin opens door to Greek bail-out

    Germany and other eurozone partners are prepared to lend Greece money or to buy its sovereign bonds should Athens run into trouble funding itself on the financial markets, according to officials in Berlin

  • Germany says IMF aid an option for Greece

    Germany is open to International Monetary Fund aid for Greece, Chancellor Angela Merkel's spokesman said on Friday, describing the creation of a European version of the fund as a longer term objective.

  • Germany 'open' to IMF help on Greece

    Germany would be amenable to an intervention by the International Monetary Fund to bail out debt-stricken Greece, government sources said on Thursday, insisting that Athens has not yet asked for aid.

  • Germany: IMF help for Greece not ruled out

    BERLIN (AP) -- German officials say Berlin isn't ruling out financial aid from the International Monetary Fund for Greece, but say no decision is needed now....

  • EU: Eurozone may ask IMF to take the lead in bailing out Greece

    Eurozone nations are nearing a deal brokered by France and Germany to give the International Monetary Fund the lead in lending Greece funds to resolve its debt crisis and will convene a special summit on Thursday ahead of EU-wide talks in Brussels.

  • Germany's Merkel opposed to Greek bailout

    BERLIN (AP) -- Germany's chancellor says she is opposed to EU countries bailing out fellow eurozone member Greece....

  • Germany Backs European Version of IMF

    Germany's finance minister expressed support for creating a "European Monetary Fund" that could bail out indebted nations in the euro zone, showing how Greece's debt crisis is forcing Europe to rethink the institutional design of its common-currency area.

  • Germany, France see 'EMF' as medium term aim: Fillon

    France and Germany agree that idea of a European-style IMF is not aimed at helping Greece now but is a medium-term project, France's prime minister said Wednesday after talks in Berlin."We are in agreement about discussing instruments for the medium term if crises of this kind (like Greece) repeat themselves, including a proposal on the table for a European monetary fund," Francois Fillon said after talks with Chancellor Angela Merkel."We see this proposal as something ... for the medium term."Merkel, for her part, said that an EMF would be "at the end of a chain."

 
S&P 500: 1104.18 0.48% |FTSE: 5494.16 1.17% |Nikk.: 9229.93 1.43% |DAX: 6221.52 0.92% |HSI: 21128.76 -0.18% |
FX: EUR/GBP: 1.2161 | USD/EUR: 1.2664 | JPY/USD: 84.085 | Commodities: Gold: 1246.20 | Crude - CLH09.NYM: 0.00 |