The Watchdog

Keeping citizens in the loop

JANE BURGERMEISTER REPORT: ‘US senators move to force IMF to comply with regulations, safeguard taxpayer’s money from eurozone debt black hole’

US senators move to force IMF to comply with regulations, safeguard taxpayer’s money from eurozone debt black hole

US must block IMF aid for Greece: senators

(AFP)

WASHINGTON — The United States should “actively and forcefully” oppose any IMF bailout loans to rescue debt-heavy Greece, two Republican senators urged President Barack Obama on Monday.

In a letter to Obama, Senators John Cornyn and David Vitter said such aid would violate a provision of US law that calls for opposing International Monetary Fund (IMF) loans to countries unlikely to repay them.

Read more at: http://www.google.com/hostednews/afp/article/ALeqM5gxEgA_Wi_dLgyxWx86_Lp6FBnXuA?docId=CNG.c515d3c8aac6

June 14, 2011 - Posted by | Internationally significant information, Jane Burgermeister Report

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: