Lagarde: "Now is the time"

DAVOS, Switzerland (Reuters) - International Monetary Fund chief Christine Lagarde led a global push on Saturday for the euro zone to boost its financial firewall, saying "if it is big enough it will not get used."

Lagarde, supported by the British finance minister, George Osborne, said the IMF could boost its support for the euro zone but pressed its leaders to act first. Some attendees at the Davos Forum still doubted the viability of the currency union.

Countries beyond the 17-country bloc want to see its members stump up more money before they commit additional resources to the IMF, which this month requested an additional 500 billion euros ($650 billion) in funding.

- there has been a lot of pressure building in order to see a solution come about," Lagarde told a Forum panel discussion on the economic outlook from which euro zone leaders - most notably Germany - were conspicuously absent.
Not just Germany... other emerging market economies.

...."if it is big enough it will not get used"...what does that mean? is the "not" in the wrong place? lol

just think how long they have known the EU was on the skids.....they keep rehashing the same crap over and over again but nothing of any substance gets done.....reminds me of the Iraqi Parliament.

the whirling' world of fiat"....no credibility and/or no real integral currency,just full of thin air sentences propped by nothing else than the ponzi itself held together by a bunch of criminals backed by continous play on word's!! It's all coming to critical mass slowly but surely!