IMF

IMF Chart Illustrates How European Union Is Crucial to UK’s Finance Industry

Miguel Salvado8 years ago5 years ago04 mins

The International Monetary Fund’s Global Financial Stability report makes the case of how crucial the European Union is to the Uk’s finance industry. The GFSR (Global Financial Stability Report) is a report by the IMF that’s published twice a year and which draws out the financial ramifications of economic issues highlighted in the IMF’s World…

Greece Bailout Green Light From Eurozone but Not IMF

Miguel Salvado9 years ago5 years ago04 mins

This Friday the Eurogroup agreed to the third Greece rescue package of € 86 billion ($ 95.5 billion). The 3-year bailout first tranche of € 26 billion ($ 28.9) will be used to repay debt and recapitalize the banking system. According to the Greek Finance Minister Euclid Tsakalotosthe, a depositors money bail-in is out of…