Bloomberg News

Van Rompuy Says Bilateral Loans Via IMF May Be ‘Easier Solution’

December 01, 2011

Dec. 1 (Bloomberg) -- European Union President Herman Van Rompuy said today that bilateral loans arranged through the International Monetary Fund would in some ways be the “easier solution” to help stem the region’s debt crisis.

He said so far there are “no real prejudices” against bilateral loans via the IMF and that it “depends on the amount of money we can raise”.

The EU is “exploring” a bigger role for the Washington- based IMF, Van Rompuy said at event in Brussels.

To contact the reporter on this story: Rebecca Christie in Brussels at rchristie4@bloomberg.net

To contact the editor responsible for this story: Kevin Costelloe at kcostelloe@bloomberg.net


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