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Tags: imf | euro

IMF Denies Report on $600 Billion Lending Facility

Wednesday, 07 December 2011 05:11 PM

The International Monetary Fund on Wednesday denied a report in Japan's Nikkei newspaper that the Group of 20 nations were planning to assemble a $600 billion IMF lending facility that could be used to bolster euro zone countries.

"There has been no such discussion with the IMF," an IMF spokesman said in response to the Nikkei report.

Separately, a G-20 official also said the report was untrue.

© 2022 Thomson/Reuters. All rights reserved.


FinanceNews
The International Monetary Fund on Wednesday denied a report in Japan's Nikkei newspaperthat the Group of 20 nations were planning to assemble a $600 billion IMF lending facility that could be used to bolster euro zone countries. There has been no such discussion with the...
imf,euro
67
2011-11-07
Wednesday, 07 December 2011 05:11 PM
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