Search Results for: International Monetary Fund
Greek Stock Market on Course to Reopen as ECB Gives Assent
July 29th, 2015
The reopening of the Athens stock market is one step closer. The European Central Bank on Tuesday approved proposals for trading rules to end the four-week closure, according to a spokeswoman for the Athens Stock Exchange. The timing of ...
IMF reports: Euro Area Recovering, But Lasting Growth Requires Collective Push
July 28th, 2015
Euro area recovering but stronger growth needed to boost jobs More balanced policy mix can generate large growth dividends Cleaning up bad bank loans can help support more lending and investment The euro area recovery is strengthening, but the ...
Eurozone debt crisis: why the Greece deal will work
July 27th, 2015
The deal between Brussels and Athens is actually a good one for both sides Now that Greek banks have reopened and the government has made scheduled payments to the European Central Bank and the International Monetary Fund, does Greece’s ...
What are the implications of the Greek crisis for legal business and the rule of law
July 27th, 2015
What are the implications of the Greek crisis for legal business and the rule of law? At a roundtable held under the Chatham House Rule, Jonathan Rayner heard City lawyers consider the potential fallout. Greek riot police silhouetted against ...
Does A Commodities Crash Mean Global Depression, Mass-Devaluation Or Both?
July 22nd, 2015
First, precious metals peaked and began drifting lower. Then copper fell, oil plunged and it became obvious that these weren’t isolated events. The entire commodities complex — that is, all the physical inputs a modern economy uses to power, ...
Greek debt crisis: MPs prepare for second vote on bailout reforms
July 22nd, 2015
The Greek parliament is to vote later on a second set of reforms needed to secure its bailout deal. If MPs approve the financial and judicial reforms, Greece will be able to press ahead with negotiations for an €86 ...
Qatar named world’s richest country, UAE also in top 10
July 20th, 2015
Qatar has been named the richest country in the world in a new study which includes all six Gulf states in the top 34 Qatar, Luxembourg and Singapore were ranked the top three in the research published this week ...
Why Germany refuses to write off Greece’s debts
July 16th, 2015
The International Monetary Fund says Greece’s debts are too big to pay and need to be partly forgiven. Germany says that’s out of the question. German officials, led by Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble, say that ...
China Shares Recover From Earlier Losses
July 16th, 2015
Chinese shares swung back to positive territory Thursday, as hundreds of shares resumed trading, while markets elsewhere in Asia rose after Greece approved austerity measures to secure a bailout. The Shanghai Composite was last up 1.1% at 3847.30, having ...
EU Commission proposes 7 billion euro loan for Greece for July
July 15th, 2015
The European Commission is proposing to give a 7 billion euro ($7.7 billion) bridge loan to Greece to cover the country’s financing needs in July using the European Financial Stability Mechanism (EFSM), according to document from the EU executive. ...
