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France24 - French PM Fillon calls for EMF idea to be examined 'rapidly'
AFP - The idea of a European-style International Monetary Fund to help debt-stricken eurozone members should be examined "rapidly," French Prime Minister Francois Fillon said on Wednesday.
   
"We think this is an idea that should be looked at by experts rapidly in order to create the means with which the eurozone and its members can have at their disposal to respond to financial tensions that threaten monetary stability," Fillon said in a speech at Berlin's Humboldt University.
   
"But this form of support is only acceptable if the states confronted by financial difficulties make in parallel all necessary efforts to fix their structural problems and balance their books."


Ad astra per aspera
by In Wales (inwales aaat eurotrib.com) on Wed Mar 10th, 2010 at 02:48:08 PM EST
[ Parent ]
So what was that about the supposed French opposition to the supposed German-only idea?...

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Thu Mar 11th, 2010 at 05:55:02 AM EST
[ Parent ]
Jean Quatremer cites Le Monde and Le Figaro as considering the French attitude cool, particularly in view of Christine Lagarde's unenthusiastic comments. But PM François Fillon was more positive in Berlin yesterday.

Quatremer says Sarkozy is supposed to be not really against the idea, except that it wasn't his.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Mar 11th, 2010 at 07:01:04 AM EST
[ Parent ]
So he just announces it again with a new name and make it his. Isn't that how it works?
by Colman (colman at eurotrib.com) on Thu Mar 11th, 2010 at 07:22:10 AM EST
[ Parent ]
Does it?

When Sarko tried that with the Mediterranean whatnot it didn't fool anyone, Germany in particular.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Mar 11th, 2010 at 07:24:39 AM EST
[ Parent ]

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