EU/IMF Unleash $1 Trillion Emergency Fund to Stabilize Markets
Posted on May 10, 2010 at 01:59 AM EDT
Global policymakers launched an emergency rescue package worth about $1 trillion to stabilize world financial markets and prevent the Greek debt crisis from destroying the euro currency. The rescue, hammered out by EU finance ministers, central bankers and the IMF in marathon talks at the weekend, was the largest package since [...]