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Tag Archives: IMF.
Jul 24 2013
In past decades, the International Monetary Fund has had a potent reputation, especially in the developing world. In its programmes in Europe, however, the IMF has had to take a back seat to the desires of the European Commission and … Continue reading
Posted by: July 24, 2013
Jun 12 2013
The second Greek rescue programme was not merely late, but also insufficient, making a third programme inevitable.
Last week the IMF published a review of the financial assistance given to Greece during its debt crisis. One of the key limitations identified in the report was that debt relief for the country was provided far later than it … Continue reading
Posted by: June 12, 2013
Jun 7 2013
Brussels blog round-up for 1 – 7 June: IMF admits mistakes in Greek bailout, Brussels vs Brussels, and a red card for EU legislation?
Chris Gilson takes a look at the week in Brussels blogging. The EU centre and the crisis One of the main stories this week is the IMF’s admission that it made mistakes in the way that it and its Troika partners … Continue reading
Posted by: June 7, 2013
Apr 30 2013
Competing bureaucratic mandates have produced a ‘clash of organisations’ that impedes effective crisis management in Europe.
How does regional economic integration impact upon global economic governance? André Broome examines the evolution of bureaucratic cooperation between the International Monetary Fund (IMF) and the European Union between the signing of the Maastricht Treaty in 1992 and the launch … Continue reading
Posted by: April 30, 2013
Mar 7 2013
The troika should recognise the efforts made by Portugal to rebalance its finances and adjust the country’s bailout conditions.
In May 2011 Portugal negotiated an IMF-EU bailout package of 78 billion euros, designed to help the country stabilise its finances. In return Portugal agreed to implement a number of reforms, with a target to reduce its budget deficit to … Continue reading
Posted by: March 7, 2013