Fund Fiasco: EU poorest state rescuing richer members

 
RussiaToday on Dec 25, 2011
 

 

It’s a waiting game for debt-laden Eurozone after this month’s key summit in Brussels. Ratings agencies are sounding the alarm over heavy borrowing, while the EU failed to find the agreed-upon 200 billion Euros for its IMF fund, as the UK bowed out. And there’s one recent Eurozone member, which finds itself reluctant to pay for others’ debts, as RT’s Aleksey Yaroshevsky reports.

 

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