Greek banks have been resilient, have maintained adequate capitalisation Convinced Greece has made significant accomplishments in 2010 Wavering political support for reforms has increased uncertainty Since the end of 2010 implementation of reform process has lost momentum, country at crossroads Kinda … Continue reading
The Fund sees global growth in 2011 and 2012 around 4.5%.
Current fiscal policy appropriate. Do ya really think Georgey boy would have listened to ya anyways. Pleeeeeeeeeeeez. He’s not for turning. Man of Steel
Or so I’ve just been informed; the IMF report on the UK is out at 12:30 GMT. Bet they think we’re great with enormous potential Well something like that…… Should be good for some fun and games. I was … Continue reading
Claudio Loser (unfortunate name), a former director of the Western Hemisphere for the IMF, has told Reuters Insider that the IMF should push harder for Greece to restructure its debt and negotiate haircuts with bondholders, rather than giving the country … Continue reading
Although markets uncertain whether struggling euro zone economies can become competitive Fiscal responsibility must be “at the heart of our efforts” Lagarde the “ideal embodiment” of an IMF head IMF must eventually drop practice of automatically choosing European head
Budget cuts and revenue hikes will be part of the policy mix.
Reuters headline. EUR/USD down at 1.4400. Participation of IMF in new programm for Greece envisaged, cites no sources Not quite sure what second part means. Will have to await details.
Liam Halligan in The Telegraph.
IMF on Sunday dismissed reports that an international inspection team has found that Greece has missed its’ fiscal targets.