Lagarde to Bloomberg: ‘Crossing Fingers’ for the Euro Zone
IMF Managing Director Christine Lagarde spoke with Bloomberg Television’s Sara Eisen in Jackson Hole, WY today,…
Browsing Tag
euro zone crisis
U.K. Stocks Decline, Shrug Off GDP Data
Weak earnings from some of the U.K.’s heavyweights weighed on London’s benchmark stock index on Thursday,…
IMF Calls For Action As Euro Zone Crisis Festers
The IMF prodded Europe and the United States to act faster to resolve their debt troubles, blaming plodding…
European Stocks Mixed
European stocks opened at mixed levels Wednesday as concerns about Spain and Greece intensify, and following a rare…
IMF Economist Accuses Fund Of Suppressing Information
A veteran economist at the International Monetary Fund has accused the global lender of suppressing information on…
S Africa Demands G20 Summit to Handle Euro zone Crisis
The upcoming G20 summit is expected to pursue a solution to the Euro zone crisis, the South African media said on…
Allianz CEO: Europe Stimulus Programs May Widen Deficit
Programs to spur the economy in euro zone debtor countries are risky if they are financed through more deficit…
Panicos Demetriades To Head Central Bank Of Cyprus
Cyprus named Panicos Demetriades as its central bank governor, an economist who called for Germany to ditch the…
Spain’s Central Bank: Economy Shrank 0.4% In Q1
Spain's central bank said the country’s economy probably contracted 0.4 percent in the first quarter of…
George Osborne Faces Criticism On Pledging $15 Bln To IMF
George Osborne, Britain’s Chancellor of the Exchequer, said Britain will pledge $15 billion to expand the resources…
Leading Economies Pledge $430 Bln To IMF
Finance ministers and central bank governors hope a more than $430 billion increase in resources of the…
IMF Contributions To Be Discussed April 19
Tensions among some of the world's leading economies have boiled up over a plan to raise new resources for the…
ECB Loans To Portuguese Banks Register Record
Portuguese banks' borrowings from the European Central Bank jumped to a new record in March as they took advantage…
ECB Resists Pressure to Flag An Exit
The European Central Bank should hold interest rates at a record low of 1 percent on Wednesday and resist German…