Will Greece default and exit the Eurozone? The best-case scenario is a managed, orderly, partial default with the European Financial Stability Facility (EFSF), a fund created in 2010 to manage Eurozone…
Articles on International Monetary Fund (IMF)
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Global markets have tumbled again this week, following the downgrading of Italy’s debt rating and a series of negative comments from leaders of the world’s financial institutions. International Monetary…
Since news of the controversial rape case involving Dominique Strauss-Kahn (quickly dubbed “Affaire DSK”) broke in May, the focus of the French media and French political class has been firmly fixed on…
Quelle surprise. French finance minister Christine Lagarde has been announced as the new managing director of the IMF, succeeding the beleaguered Dominique Strauss-Kahn. Like Strauss-Khan (known as ‘DSK…
The International Monetary Fund executive board will complete interviews of the two leading candidates to replace Dominique Strauss-Kahn this week, with the aim of picking a new managing director by June…
A poll of international investors last month found that 85% expect Greece to default on its debt this year. As market expectations go, that is very high. Moody’s has since downgraded Greece’s already abysmal…
Speculation last week that Paul Keating and Peter Costello could nominate for the top job at the International Monetary Fund (IMF) was a mere distraction, but the hoopla did manage to highlight a crucial…
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