Home News Brussels supports idea of a European Monetary Fund – FTD

Brussels supports idea of a European Monetary Fund – FTD

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HAMBURG (Dow Jones) – The European Commission  considerations support the creation of a European Monetary Fund.

"We are working closely with Germany on this issue, France and other EU member states together, "said Monetary Affairs Commissioner Olli Rehn, the Financial Times Germany " (Monday edition).

"The Commission is ready to such a European instrument suggest that the support of members of the eurozone replaced. "Through a fund provided subsidies should, however," with strict Conditions to be connected. "

Website: www.ftd.de
DJG / hab / sh