EU Urges Members to Finish IMF Reforms
By LAURENCE NORMAN and COSTAS PARIS
NICOSIA, Cyprus—The European Union urged member states to quickly complete the 2010 quota reforms at the International Monetary Fund, which give more power to emerging economies, warning that failure to do so could have important consequences for the crisis-hit region.
... Under the new political board-seat agreement, Belgium will share an executive board seat with the Netherlands, giving Turkey the opportunity to share the seat with Austria, Hungary and the Czech Republic, on a rotating basis every few years..
More:EU Urges Members to Finish IMF Reforms - WSJ.com
