IMF gold deal unlikely says Germany

German Deputy Finance Minister Caio Koch-Weser has said he sees almost no chance a plan to sell International Monetary Fund gold to fund debt relief for the world's poorest nations would be adopted.

"I see no big chances for that anymore," Koch-Weser said in an interview.

French Finance Minister Thierry Breton echoed the sentiment and highlighted strong opposition to the idea from some quarters.

"I don't think this question has any real prospect," he told reporters.

In the interview, Koch-Weser s

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: