The United States and the IMF to discuss the situation in the EU
In America reported, U.S. Treasury Secretary Jacob Lew talks with the International Monetary Fund chief Christine Lagarde about the situation in Europe and the U.S. commitment to reform the IMF.
During a morning meeting at the Ministry of Finance, IMF Managing Director Lew and "discuss prospects for the global economy, including developments in Europe," the Treasury Department said in a statement.
The meeting took place after the IMF, the EU and the European Central Bank (ECB), Tuesday (2/4) approve the terms rescue (bailout) 10 billion ($ 12.8 billion) for Cyprus, which has been hit by financial difficulties.
Wednesday, Lagarde announced that the IMF will contribute approximately one billion euros to save Cyprus
Lew is expected to visit Europe in April 8 to 9 for talks with mintranya about the global economic situation and Europe.
According to the statement of the Ministry of Finance, and Lew Lagarde also discusses the U.S. commitment to the reform of IMF quota and governance, 2010, the Treasury Department continues to work with Congress to complete the quota legislation from as possible.
In December 2010, the Board approved the reform of the IMF global lender based in Washington was to give more voting power of developing countries and the contributions of members double quotas for financial resources.
The proposed reforms have taken place in the United States, which is by far the largest stakeholder with 16.7 percent of the voting rights of the IMF. The same report analisadaily
Sources: about forex
In America reported, U.S. Treasury Secretary Jacob Lew talks with the International Monetary Fund chief Christine Lagarde about the situation in Europe and the U.S. commitment to reform the IMF.
During a morning meeting at the Ministry of Finance, IMF Managing Director Lew and "discuss prospects for the global economy, including developments in Europe," the Treasury Department said in a statement.
The meeting took place after the IMF, the EU and the European Central Bank (ECB), Tuesday (2/4) approve the terms rescue (bailout) 10 billion ($ 12.8 billion) for Cyprus, which has been hit by financial difficulties.
Wednesday, Lagarde announced that the IMF will contribute approximately one billion euros to save Cyprus
Lew is expected to visit Europe in April 8 to 9 for talks with mintranya about the global economic situation and Europe.
According to the statement of the Ministry of Finance, and Lew Lagarde also discusses the U.S. commitment to the reform of IMF quota and governance, 2010, the Treasury Department continues to work with Congress to complete the quota legislation from as possible.
In December 2010, the Board approved the reform of the IMF global lender based in Washington was to give more voting power of developing countries and the contributions of members double quotas for financial resources.
The proposed reforms have taken place in the United States, which is by far the largest stakeholder with 16.7 percent of the voting rights of the IMF. The same report analisadaily
Sources: about forex
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