By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) has said in its World Economic Outlook (WEO) July, 2013 that global growth is projected to remain subdued at slightly above 3 percent (3%) in 2013, the same as in 2012. ”In sum, global growth will recover from slightly above […]
Tag: Euro Area
IMF Advise Euro Area to Recapitalise Weak Banks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday advised the Euro Area to recapitalise frail but viable banks as part of the area’s task to address important tail risks, stabilised financial markets and grow its economies. This is coming on the heels of the recommendations of 2013 […]
IMF endorse Single Supervisory Mechanism for Euro Area Banking Union
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) has endorsed a Single Supervisory Mechanism (SSM) for Euro Area Banking Union. This is contained in an IMF Staff Discussion Note “A Banking Union for the Euro Area†released February 2013 and made available to www.investadvocateng.com. In discussing […]
