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Archive Home > 2010 > March > 09 > EU may create IMF-style lender

EU may create IMF-style lender


March 9, 2010

BERLIN — European leaders are in talks to establish a lender of last resort and limits on credit-default swaps to bolster the euro area and prevent a repeat of the Greek financial crisis.

Plans for what may become the European Monetary Fund and a German-French push to curb the use of derivatives....

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