Shadow chancellor Ed Balls says the IMF resources should not bail out Spain and Italy as that is the European Central Bank's job.
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G20 summit: IMF may play role of the ECB

Shadow chancellor, Ed Balls, says it looks like the IMF may be called in to take the role the ECB should have been playing.

As world leaders hold final talks at the G20 summit, Mr Balls says the IMF resources should not bail out Spain and Italy as that is the European Central Bank's job.