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IMF warns Europe not to ease up debt battle

An infusion of hundreds of billions of dollars will give the International Monetary Fund a badly needed boost to tackle Europe's prolonged debt crisis. But global finance officials sent a strong message Saturday that struggling governments must speed reforms or risk spooking jittery markets and raising the economic danger.
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International Monetary Fund: Europe crisis raises banks risk by 300 billion Euros - 21st Sept 2011

News : The Coming Crisis (3 years ago)

Europe's debt crisis has increased the risk exposure of banks in the region by 300 billion euros ($410 billion) and they need to recapitalize to ensure they can weather potential losses, the International Monetary Fund said on Wedne... Read Post

Christine Lagarde: IMF may need billions in extra funding -- Wait, so the IMF needs its own bailout now?

News : The Coming Crisis (3 years ago)

Christine Lagarde has signalled that the International Monetary Fund (IMF) may have to tap its members – including Britain – for billions of pounds of extra funding to stem the European debt crisis.The head of the IMF has warned tha... Read Post

IMF’s cash injection to help EU battle crisis

Business & Finance : Business Report (3 years ago)

An infusion of hundreds of billions of dollars will give the International Monetary Fund (IMF) a badly needed boost to tackle Europe’s prolonged debt crisis. But global finance officials sent a strong message at the weekend that str... Read Post


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