Posts Tagged ‘ IMF ’

UK offers £10bn loan to the IMF

April 20, 2012
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UK offers £10bn loan to the IMF

20 April 2012 Last updated at 16:24 ET Please turn on JavaScript. Media requires JavaScript to play. George Osborne: “It is in Britain’s interest that we have a stable and strong world economy” The IMF says it has received firm commitments of more than $430bn. The money is to help economies in trouble and...

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Greece ‘averts nightmare outcome’

February 21, 2012
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Greece ‘averts nightmare outcome’

21 February 2012 Last updated at 15:58 ET Greece has avoided a nightmare scenario by agreeing to a 130bn euros (£110bn; $170bn) bailout deal, Finance Minister Evangelos Venizelos has said. He said the deal was probably the most important in Greece’s post-war history. The cabinet was meeting to discuss how to pass the reforms...

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Greek PM warns of default ‘chaos’

February 10, 2012
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Greek PM warns of default ‘chaos’

10 February 2012 Last updated at 13:28 ET Please turn on JavaScript. Media requires JavaScript to play. The BBC’s Mark Lowen says that social unrest is on the rise in Greece Greece faces “uncontrolled economic chaos” if it fails to agree spending cuts and defaults on its debts, Prime Minister Lucas Papademos has warned....

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Euro ministers doubt Greek plans

February 9, 2012
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9 February 2012 Last updated at 13:21 ET Eurozone ministers have cast doubt over a new Greek austerity plan, as they meet in Brussels to decide on a 130bn euro ($170bn; £110bn) bailout fund. German Finance Minister Wolfgang Schaeuble said the Greek plan was “not at a stage where it can be signed off”....

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IMF: Global outlook is ‘gloomy’

December 15, 2011
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15 December 2011 Last updated at 14:17 ET IMF head Christine Lagarde has said the world economic outlook is “gloomy” and no country is immune from rising risks. She said all nations, starting with Europe, needed to head off a crisis with risks of a global depression. “There is no economy in the world...

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Greek clashes amid general strike

October 19, 2011
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Greek clashes amid general strike

19 October 2011 Last updated at 15:05 ET Please turn on JavaScript. Media requires JavaScript to play. Protesters threw missiles and petrol bombs at police, who responded with tear gas and baton charges Greek riot police have fired tear gas and fought running battles with protesters, amid a 48-hour general strike that has paralysed...

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Greeks on strike over austerity

October 5, 2011
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Greeks on strike over austerity

5 October 2011 Last updated at 13:59 ET Please turn on JavaScript. Media requires JavaScript to play. A protester explains why she is against the austerity measures in Greece Dozens of stone-throwing youths have clashed with police in Athens as public sector workers went out on strike in protest at Greece’s austerity measures. The...

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IMF promises support for economy

September 24, 2011
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IMF promises support for economy

24 September 2011 Last updated at 16:26 ET Please turn on JavaScript. Media requires JavaScript to play. Christine Lagarde: “I’m very encouraged by the strong dialogue between the membership and the IMF” The IMF says it will take decisive action to tackle the eurozone debt crisis and support the global economy. In a communique...

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Strauss-Kahn sex case dismissed

August 23, 2011
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Strauss-Kahn sex case dismissed

23 August 2011 Last updated at 14:26 ET Please turn on JavaScript. Media requires JavaScript to play. Dominique Strauss-Kahn: “I am relieved for my wife and my children” A New York judge has dismissed the sexual assault case against former IMF director Dominique Strauss-Kahn. The move came as prosecutors cited doubts over the credibility...

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