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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The International Monetary Fund lowered its outlook for the world economy on Tuesday, and warned that the global financial system faces growing risks from the debt crisis in Europe.The IMF now expects the global economy to grow 3.3%... Read Post
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
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