EU Leaders Turn to IMF, Propose Sweeping Regs

by Benjamin Domenech on 11:59 pm February 22, 2009

Sunday was sweeping proposal day for the EU, as heads of government and finance ministers of Germany, France, the UK, the Netherlands, Czech Republic and Luxembourg rolled out regs for financial markets, crackdown on tax havens, and call to double the size of the IMF, forming a common Euro position ahead of April’s G20 summit.

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