Topic: International Monetary Fund

Germany to revise up growth forecasts: minister

Germany's economy will expand faster than expected in 2011, a minister said on Sunday, amid reports that the International Monetary Fund and Berlin would revise up forecasts for Europe's top economy.Spiegel newsweekly said both the German government and the IMF are now ...

US housing system a bad model: IMF

The International Monetary Fund on Wednesday singled out the United States as a poster child for bad housing policies, calling on Washington to reform for the sake of global financial stability."The US housing finance system, which has several unique features, needs to ...

IMF urges U.S. budget include Fannie, Freddie costs

WASHINGTON (Reuters) - The United States should include in its budget the cost of mortgage loan guarantees and other housing supports, the International Monetary Fund said on Wednesday in a rare criticism of its biggest shareholder.The IMF's findings may land it squarely ...

IMF sets aside total ?4.6 bn for Romania

The IMF approved a new ?3.6 billion loan for cash-strapped Romania on Friday, and said it would make ?1 billion available from a previously-announced loan.The Washington-based International Monetary Fund said the funds were designed to support ongoing reforms even if Bucharest had ...
Turbulence across the Arab world and Dubai's ongoing property glut pose risks to the United Arab Emirates's economic recovery, the International Monetary Fund said Monday.The oil-rich Gulf federation also needs to shore up its powerful government-backed firms that were at the center ...

IMF chief says Spain to avoid wider debt woes

WASHINGTON (Reuters) - Spain will ward off the worst of a European debt crisis without needing a rescue and there is no threat to the euro currency's existence, the head of the International Monetary Fund said on Thursday.Dominique Strauss-Kahn, interviewed at a ...

IMF chief: European situation remains troubling

GENEVA (Reuters) - International Monetary Fund chief Dominique Strauss-Kahn on Wednesday said the situation in Europe remained troubling, keeping up pressure on policymakers to find more effective measures to deal with the euro zone's debt crisis.In a speech in Geneva, the IMF ...

IMF chief says Europe debt crisis still serious

The chief of the International Monetary Fund (IMF) said on Thursday the debt crisis in Europe remained serious but he tipped Ireland to recover rapidly after its weekend bailout.On Sunday, the European Union and the IMF announced an 85-billion-euro (111-billion-dollar) rescue package ...
No I'm no Billy Joel and have tried to put a jolly face on after all this financial misery that has descended on us all. You don't have to be a Chartered Accountant or a banking whiz to realise that when Mervyn ...
Economic stability is a perfect?scenario for sustainable growth without?inflation, deflation, recession?or financial crises. In the United States measuring economic stability the?Index of Consumer Sentiment (June of 2005 record 96.0. The Federal Reserve has harder time combating deflation than inflation,?requiring lowering interest rates ...