Saturday
February 9, 2013
Results for: world economy

  • 12/04/2012 | World

    IMF’s Lagarde: global economy remains at high risk

    Managing Director of the International Monetary Fund (IMF) Christine Lagarde said today said that despite recent improvements in the global economic outlook, more work is required to support the still fragile recovery.

  • 15/06/2012 | World

    ECB's Draghi flags euro risks, but no inflation threat

    The euro zone economy faces serious risks and no inflation threat, European Central Bank President Mario Draghi said today in comments that heightened expectations the ECB could cut interest rates or take other policy action soon.

  • 06/09/2012 | World

    ECB cuts growth forecasts, see only gradual recovery

    The euro zone economy will probably contract more than previously expected this year, according to new European Central Bank staff forecasts which also raised the bank's outlook for inflation for 2012/2013.

  • 30/03/2012 | World

    IMF welcomes reinforcement on Euro zone firewall

    Managing Director of the International Monetary Fund (IMF) Christine Lagarde welcomed today an increase on the financial rescue capacity of Eurozone to prevent a new flare-up of Europe's sovereign debt crisis.

  • 03/04/2012 | World

    IMF Lagarde: ‘We should not delude ourselves into a false sense of security’

    IMF Managing Director Christine Lagarde said today the world economy is still in recession and the recovery remains fragile as she warned that, although some progress has been made, the global economic situation is not ideal yet.

  • 10/04/2012 | World

    Global recession more severe now than when it started, IMF says

    Housing busts and recessions are more severe and last for at least five years when they follow a big run-up in household debt, according to a study released today by the International Monetary Fund. For that matter, the IMF has urged governments to consider “bold” interventions to reduce household debt levels and stimulate growth.

  • 29/02/2012 | World

    Banks gorge on 530 billion euros of ECB 3-year funds

    Banks grabbed 530 billion euros at the European Central Bank's second offering of cheap three-year funds today, fuelling hopes that more credit will flow to businesses and government borrowing costs will ease further.

  • 08/03/2012 | World

    European Central Bank slashes euro zone's growth forecast

    The European Central Bank lowered its euro zone growth forecast after holding interest rates at record lows today, and said things would have been much worse without its dramatic action to pump a trillion euros into the banking system.

  • 29/03/2012 | World

    OECD: Euro zone lagging behind in economic recovery

    Euro zone nations are falling far behind the United States and Canada as a fragile recovery takes root in advanced economies, the OECD said today, advising central banks to keep easy money flowing so the rebound does not prove short-lived.

  • 25/01/2012 | World

    IMF: Public sector may be needed in Greek restructuring

    Greece's public sector creditors may need to participate in a restructuring of its debt if a haircut negotiated with private sector bondholders is not enough to make Athens' debt sustainable, IMF Managing Director Christine Lagarde said.

  • 27/01/2012 | World

    ECB's Draghi: liquidity measures avert euro zone crunch

    The European Central Bank's loans to banks have averted a major credit crunch but credit remains seriously impaired in parts of the euro area, ECB President Mario Draghi said at the World Economic Forum in Davos.

  • 30/01/2012 | World

    EU leaders agree rescue fund, 25 join fiscal pact

    European leaders agreed on a permanent rescue fund for the euro zone and 25 of the 27 EU states backed a German-inspired pact for stricter budget discipline, but they struggled to reconcile fiscal austerity with economic growth.

  • 09/01/2012 | World

    Merkel and IMF's Lagarde to meet tomorrow

    German Chancellor Angela Merkel and International Monetary Fund chief Christine Lagarde will meet today at 8 pm local time (1900 GMT) in Berlin, Merkel's spokesman said today.

  • 23/01/2012 | World

    Lagarde urges EU to increase financial firewall against Greek crisis

    IMF chief Christine Lagarde urged today European governments to increase their financial firewall to prevent Greece's troubles from ensnaring bigger countries like Italy and Spain.

  • 24/01/2012 | World

    IMF slashes world growth outlook as euro zone weighs

    The euro zone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said today, as it sharply cut its outlook for global growth and called for policies to restore confidence.

  • 18/11/2011 | World

    ECB chief urges action on rescue fund

    European Central Bank chief Mario Draghi told euro zone governments to act fast to get their rescue fund up and running, expressing exasperation at their lack of progress in response to an escalating debt crisis.

  • 09/12/2011 | World

    IMF's Lagarde praises euro deal,urges wider action

    IMF Managing Director Christine Lagarde welcomed a move by European countries to more closely link fiscal policies and urged others to do their part to help ease strains linked to the euro area debt crisis.

  • 15/12/2011 | World

    IMF: 'World economic outlook is quite gloomy, no country is immune'

    The world economic outlook is "quite gloomy" and will require action by all countries, starting with those in Europe, to head off an escalating crisis that carries risks of a global depression, the head of the International Monetary Fund said today.

  • 27/10/2011 | World

    Obama says Europe has laid foundation to solve crisis

    US President Barack Obama said TOday that European Union leaders have laid "a critical foundation" to solve the eurozone debt crisis with their deal announced Wednesday evening.
    "We look forward to the full development and rapid implementation of their plan," Obama said in a statement released by the White House.

  • 09/11/2011 | World

    IMF’s Lagarde warns world economy risks ‘lost decade’

    The head of the International Monetary Fund warned today that Europe's debt crisis risked plunging the global economy into a "lost decade" and said it was up to rich nations to shoulder the burden of restoring growth and confidence.

  • 10/11/2011 | World

    Lagarde urges Italy to sort crisis out, China to help on world stability

    The head of the International Monetary Fund urged Italy today to act quickly fill its damaging political vacuum, and China said it was willing to help maintain global financial stability that was being threatened by the euro zone crisis.


Results: 21

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