IMF revives idea of eurozone ‘rainy day fund’

The idea of a eurozone-only fund, floated last year by EU leaders, has been revived in a study written by International Monetary Fund (IMF) staff and published on the 25 September 2013.

• Primary Source

ESO: Background Information: Van Rompuy fleshes out plans for two-tier Europe, eurozone budget http://www.europeansources.info/record/van-rompuy-fleshes-out-plans-for-two-tier-europe-eurozone-budget/

International Monetary Fund [Report], 25.09.13: Toward a Fiscal Union for the Euro Area http://www.imf.org/external/pubs/ft/sdn/2013/sdn1309.pdf

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