Economy

November 4, 2011

IMF may take role in Europe crisis as G-20 leaders resume talks

George Osborne, Britian's Chancellor of the Exchequer, told BBC Radio that negotiations on boosting contributions to the IMF were ongoing, though whether individual countries would be asked to increase their contributions had not been determined. The U.S. has suggested that the IMF should use its existing resources, saying that it's been bolstered since the U.S. financial collapse.

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