EU divided over Greek IMF bailout

Sharp divisions emerged among European Union governments on the 9 February 2010 on whether to involve the International Monetary Fund in Greece’s debt crisis on the eve of the informal European Council summit on the 10 February 2010, set to be dominated by the urgent need to shore up the eurozone’s stability.

Non-eurozone countries, led by the UK and Sweden, departed from the public position of Germany, France and other euro area states by suggesting that, if Greece required help, the IMF was best placed to supply it.

ESO: Background information: Informal meeting of Heads of State or Government, Brussels, 11 February 2010 (informal European Council) http://www.europeansources.info/record/informal-meeting-of-heads-of-state-or-government-brussels-11-february-2010-informal-european-council/

ESO: Background information: Athens’ salvation lies in Paris and Berlin http://www.europeansources.info/record/athens-salvation-lies-in-paris-and-berlin/

ESO: Background information: The best course for Greece is to call in the Fund http://www.europeansources.info/record/the-best-course-for-greece-is-to-call-in-the-fund/

IMF: Greece and IMF http://www.imf.org/external/country/GRC/index.htm

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