Topic: International Monetary Fund
The head of the International Monetary Fund called Thursday for greater "political clarity" in Greece and Italy, after talks with Chinese leaders dominated by Europe's worsening debt crisis.Greece and Italy are grappling with domestic political upheaval brought on by the sovereign debt ...
CANNES, France (Reuters) - Following are comments on Friday by policymakers attending the Group of 20 Summit in Cannes, France, and other euro zone officials, as Europe considered the possibility of Greece leaving the euro.BRITISH FINANCE MINISTER GEORGE OSBORNE"I don't think anyone ...
AMSTERDAM (Reuters) - The Netherlands would support the International Monetary Fund (IMF) taking on a greater financial role in the euro zone bailout, the Dutch prime minister said Saturday but refused to be drawn on other options being discussed in Brussels.Attention has ...
TOKYO (Reuters) - China has the scope to respond if global economic risks materialize, and the country's response could partially but not entirely offset the impact of a global crisis, the International Monetary Fund's Asia and Pacific director said on Thursday.Anoop Singh, ...
Germany called on its EU partners to recapitalise the banking sector to help prevent the eurozone debt crisis spreading as the IMF warned the European Union to get its act together.Chancellor Angela Merkel said helping the banks was "justified, if we have ...
SINGAPORE (Reuters) - With fears of a recession rising, the maritime industry will find it increasingly difficult to obtain financing for expansion over the next year, with the exception of the offshore-energy sector, industry experts said.The economic gloom in Europe and the ...
(Reuters) - The global economy was supposed to be better by now.Just a few months ago, the prevailing wisdom was that growth was going through a "soft patch" caused by a combination of Japan's earthquake and unrest in the oil-producing Middle East. ...
China on Saturday called on the eurozone to move quickly to end its debt crisis at a meeting of the world's finance chiefs in Washington."The sovereign debt crisis in the euro area needs to be resolved promptly to stabilize market confidence," China's ...
WASHINGTON (Reuters) - The International Monetary Fund said on Saturday it would decide by April whether its resources are sufficient to prevent a global credit crunch if Europe's debt crisis spreads to the rest of the world.Global finance ministers questioned whether the ...
US Treasury Secretary Timothy Geithner has called on Europe's leaders to send a "decisive signal" that they can handle the debt crisis, as pressure builds for action to prevent further eurozone damage.With the US and eurozone debt and deficit crisis overhanging the ...