IMF Gives Negative Assessmen...

June 14, 2013

The world’s largest economy was criticised by the International Monetary Fund due to its slow private sector growth and its $85 billion public spending cuts. The IMF is one of several organisations...

Pressure on Greece mounting...

May 26, 2012

The German interior minister, Hans-Peter Friedrich, has said that Germany is actually prepared to come to the aid of Greece but only if they agreed to help themselves by honouring the agreements set f...

New fears that Spain is succ...

November 13, 2011

Although there has been some degree of progress in both Greece and Italy, it is feared that Spain will be the next sovereign nation in the EU to succumb to the debt crisis. Around the world markets be...

IMF Proposal for Increased B...

October 16, 2011

Plans proposed by the International Monetary Fund (IMF) and European government leaders for a larger bailout fund are expected to be backed by G20 finance ministers, during a summit in Paris this Satu...

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