Tag: European Commission

EC, IMF Meet to Further Strengthen Partnership

March 14, 2016/IMF European Commissioner for International Cooperation and Development, Neven Mimica, and International Monetary Fund (IMF) Deputy Managing Director, Carla Grasso, met on March 14, 2016 in Brussels to discuss the further strengthening of the EC-IMF partnership. The EC and the IMF are natural strategic partners, with both institutions […]

Spanish Banks to Face Profitability Challenges-IMF, EC

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said Spanish Banks will face profitability challenges in the coming years as lending and home prices continues to slide further. This is coming on the heels of a fifth and final review of the country’s financial sector by the […]

EC, IMF Contributes €20 Million to RTACs in ACP Regions

By Peter OBIORA InvestAdvocate   Lagos (INVESTADVOCATE)-The European Commission (EC) and the International Monetary Fund (IMF) Friday said they have signed €20 million contribution to the Regional Technical Assistance Centers in Africa, Caribbean and Pacific Regions.   According to Nemat Shafik, Deputy Managing Director (DMD) at the IMF, on October […]