BRICS ready bail out eurozone: Russia

Fund but in return want commitments to reform the IMF to be implemented, Russian Foreign Minister Sergei Lavrov has said.

The so-called BRICS nations “are ready to take part in joint efforts, including the provision of credits, under those rules and channels that exist in the International Monetary Fund”, Lavrov told a news briefing in Moscow.

Lavrov spoke before IMF managing director Christine Lagarde was due to meet President Dmitry Medvedev in Moscow for talks expected to focus on how cash-rich emerging economies can support Europe’s struggle to contain its sovereign debt crisis. – Reuters.