US could add to EU fund

first_img whatsapp Share US could add to EU fund whatsapp US stocks leapt yesterday on news that America could be ready to support the extension of the European Financial Stability fund by providing extra money to the International Monetary Fund (IMF)The Dow Jones Industrial Average surged 249 points, or 2.27 per cent, to close at 11,255, while the Standard & Poor’s 500-stock index gained 25 points to 1,206, and the Nasdaq Composite added 55 points, or 2.05 per cent, to 2,549. A US official confirmed there had been talks with the European Commission about possibly enlarging the €750bn (£630bn) EU IMF stability fund adding that although it was a decision for Europe the US would support using the IMF in such circumstances. The remarks came before a visit to Europe this week by a US Treasury envoy who is expected to visit Berlin, Madrid and Paris to hold talks about the debt crisis. The IMF has committed €250bn to the fund already. Wednesday 1 December 2010 9:28 pm Show Comments ▼center_img KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoam Tags: NULLlast_img

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