Bloomberg News

Flaherty Says G-20 Not Talking About More IMF Funds for Europe

December 07, 2011

Dec. 7 (Bloomberg) -- Canadian Finance Minister Jim Flaherty said today there has not been discussion among the Group of 20 nations on a $600 billion plan to boost lending to the International Monetary Fund to help Europe deal with its debt crisis.

Flaherty reiterated Canada opposes the idea of the IMF leading a loan package for Europe, and said the region’s governments should solve the problem internally, speaking to reporters in Ottawa.

To contact the reporter on this story: Greg Quinn in Ottawa at gquinn1@bloomberg.net

To contact the editor responsible for this story: Paul Badertscher at pbadertscher@bloomberg.net


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