jackovesk
2nd November 2011, 16:24
Julia Gillard offers to help European economy via the International Monetary Fund (IMF)
Cannes, France From: The Daily Telegraph November 03, 2011
http://resources3.news.com.au/images/2011/11/02/1226184/031859-julia-gillard-france.jpg
Helping hand ... Julia Gillard arrives at Nice Airport for the G20 summit in Cannes
JULIA Gillard has offered extra cash for the International Monetary Fund to help prop up the ailing European economy and prevent another global financial crisis.
The prime minister made the offer as she arrived in France in the middle of a worsening European financial crisis that is set to dominate the Group of 20 nations meeting this week.
Ms Gillard warned the moves by Greece to hold a referendum on the planned debt bailout has put the European crisis in "fast forward".
She said she would push for other countries to join Australia in boosting funding for the IMF as a global buffer.
"For Australia's part, we stand ready for an increase in IMF resources," Ms Gillard said after arriving in Cannes.
"That would be one thing that the G20 could do to boost the confidence of markets and show that there is sufficient resourcing to deal with anything else that may flow arising out of the European problems."
The prime minister urged European leaders to do more to resolve their debt problems and warned Australia would suffer if the fallout sparks another global financial crisis.
The Greek government's surprise decision to call a referendum on the bail out package agreed by European leaders last week has caused a shock across financial markets.
Financial turmoil would ripple across the globe and harm Australia if the European debt crisis is not solved soon, Ms Gillard warned.
"Now it is more important than ever that words become deeds. What Greece has announced has effectively put the European crisis on fast forward," she said.
The prime minister cut short her time in parliament this week to fly to the southern France resort town of Cannes to attend talks with other leaders of the G20.
The summit of the world's most powerful leaders will be dominated by Europe's financial woes, with US president Barack Obama and other non-European leaders urging the EU to step up efforts to resolve the crisis.
The leaders of France and Germany will meet Greek prime minister George Papandreou on Wednesday night (tomorrow morning Australian time) in a bid to salvage the plan ahead of the G20 summit.
Other major items on the agenda include restarting stalled free trade talks, food security and clean energy.
On her first day in Cannes, overnight Australian time, Ms Gillard gave a keynote speech to the B20 business forum that is running alongside the leaders' summit.
The business forum will today endorse a report calling for more consistent economic reforms across the G20. In a boost for Ms Gillard, the report backs carbon pricing schemes like her carbon tax as the best way to tackle climate change.
Ms Gillard also met Brazilian president Dilma Rouseff to discuss Australia's growing trade with the South American giant.
She plans further bilateral meetings with other leaders over the next two days.
Union leaders from across the globe also met in Cannes yesterday in a group called the L20 to push for job creation targets in each of the G20 countries.
An International Labour Organisation report warned of increased poverty and social problems because only half the 80 million jobs needed over the next two years are likely to be created in this time
http://www.dailytelegraph.com.au/news/national/julia-gillard-offers-to-help-european-economy-via-the-international-monetary-fund/story-e6freuzr-1226184031445
PS - Piss Off Gillard, your nothing but a 'Stain' on our Country and its people..!
we stand ready for an increase in IMF resources
What's the 'We' stuff you piece of 'Sh*t'..!
So its all out War now JuLIAR? You've sold out not only Australia but you've sold your 'Soul' to the Devil..!
You better 'Hope & Pray' JuLIAR that you and your NWO Globalist buddies don't get Caught..!
Coz if you do, your going to 'JAIL'..!
Cannes, France From: The Daily Telegraph November 03, 2011
http://resources3.news.com.au/images/2011/11/02/1226184/031859-julia-gillard-france.jpg
Helping hand ... Julia Gillard arrives at Nice Airport for the G20 summit in Cannes
JULIA Gillard has offered extra cash for the International Monetary Fund to help prop up the ailing European economy and prevent another global financial crisis.
The prime minister made the offer as she arrived in France in the middle of a worsening European financial crisis that is set to dominate the Group of 20 nations meeting this week.
Ms Gillard warned the moves by Greece to hold a referendum on the planned debt bailout has put the European crisis in "fast forward".
She said she would push for other countries to join Australia in boosting funding for the IMF as a global buffer.
"For Australia's part, we stand ready for an increase in IMF resources," Ms Gillard said after arriving in Cannes.
"That would be one thing that the G20 could do to boost the confidence of markets and show that there is sufficient resourcing to deal with anything else that may flow arising out of the European problems."
The prime minister urged European leaders to do more to resolve their debt problems and warned Australia would suffer if the fallout sparks another global financial crisis.
The Greek government's surprise decision to call a referendum on the bail out package agreed by European leaders last week has caused a shock across financial markets.
Financial turmoil would ripple across the globe and harm Australia if the European debt crisis is not solved soon, Ms Gillard warned.
"Now it is more important than ever that words become deeds. What Greece has announced has effectively put the European crisis on fast forward," she said.
The prime minister cut short her time in parliament this week to fly to the southern France resort town of Cannes to attend talks with other leaders of the G20.
The summit of the world's most powerful leaders will be dominated by Europe's financial woes, with US president Barack Obama and other non-European leaders urging the EU to step up efforts to resolve the crisis.
The leaders of France and Germany will meet Greek prime minister George Papandreou on Wednesday night (tomorrow morning Australian time) in a bid to salvage the plan ahead of the G20 summit.
Other major items on the agenda include restarting stalled free trade talks, food security and clean energy.
On her first day in Cannes, overnight Australian time, Ms Gillard gave a keynote speech to the B20 business forum that is running alongside the leaders' summit.
The business forum will today endorse a report calling for more consistent economic reforms across the G20. In a boost for Ms Gillard, the report backs carbon pricing schemes like her carbon tax as the best way to tackle climate change.
Ms Gillard also met Brazilian president Dilma Rouseff to discuss Australia's growing trade with the South American giant.
She plans further bilateral meetings with other leaders over the next two days.
Union leaders from across the globe also met in Cannes yesterday in a group called the L20 to push for job creation targets in each of the G20 countries.
An International Labour Organisation report warned of increased poverty and social problems because only half the 80 million jobs needed over the next two years are likely to be created in this time
http://www.dailytelegraph.com.au/news/national/julia-gillard-offers-to-help-european-economy-via-the-international-monetary-fund/story-e6freuzr-1226184031445
PS - Piss Off Gillard, your nothing but a 'Stain' on our Country and its people..!
we stand ready for an increase in IMF resources
What's the 'We' stuff you piece of 'Sh*t'..!
So its all out War now JuLIAR? You've sold out not only Australia but you've sold your 'Soul' to the Devil..!
You better 'Hope & Pray' JuLIAR that you and your NWO Globalist buddies don't get Caught..!
Coz if you do, your going to 'JAIL'..!