“Transitions” are still looming large The global financial system continues to face several major transitions along the road towards greater financial stability[1]. Over the past three months, key financial systems have moved further along the right path, but they have yet to arrive at their destinations. For example: The process […]
Tag: Euro Area
20 Million People Still Unemployed in Euro Area-Lagarde
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Monday said 20 million people are still unemployed in Euro Area which is of great concern. This is coming on the heels of a book published by the IMF ‘’Jobs and Growth: Supporting the […]
Greece, Ireland, Portugal Got 90% of IMF’s Financing in 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Three (3) Euro Area countries, Greece, Ireland and Portugal reported to be hit particularly hard by the global financial crisis got 90 percent (90%) of the International Monetary Fund’s (IMF’s) financing in 2013. This is contained in the Fund’s 2013 Annual Report: Promoting a More […]
