Eurozone ministers try to beef up rescue fund - WAOW - Newsline 9, Wausau News, Weather, Sports

Eurozone ministers try to beef up rescue fund

BRUSSELS (AP) -- Eurozone nations are calling for more IMF resources to help out their embattled currency.

The 17 eurozone finance ministers on Tuesday agreed to seek new ways to increase the resources of the International Monetary Fund through bilateral loans that could be used to protect EU nations facing financial trouble.

The ministers meeting in Brussels also agreed on options to give the rescue fund more leverage power and build up its resources so it can help bigger troubled EU members such as Italy and Spain.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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