Sweden: IMF should boost anti-crisis resources

Swedish Finance Minister Anders Borg said it's in the interests of all major global economies to boost the International Monetary Fund's anti-crisis resources, Dow Jones Newswire reported Friday.
"At the end of the day, it's in the interest of all the countries, whether we're talking about the...BRICs [Brazil, Russia, India and China], U.S. or Europe, to reach a resolution" on boosting IMF resources, he told reporters on his way into a meeting of European finance ministers.
Euro-zone finance ministers later announced they had reached an agreement to lift the currency bloc's capacity for crisis lending to EUR700 billion, the newswire said.
Last Updated (Sunday, 01 April 2012 14:23)









