By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Thursday said that the euro area is beginning to record economic growth; though more needs to be done. Lagarde made this disclosure in her speech “The Interconnected Global Economy: Challenges and Opportunities for the […]
Tag: IMF
Lagarde Hails Cyprus on Financial Stability, Approves $113.1 Million Facility
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Monday commended Cyprus on steps taken to ensure financial stability of the country and approved the disbursement of about €84.7 million, or US$113.1 million extended fund facility (EFF). This is coming […]
Euro Area, Spain Make List of IMF Economies with Economic Imbalances
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) have named Euro Area and Spain as countries newly identified given relatively large fiscal and external imbalances that are likely to persist or emerge over the medium term in the wake of the crisis. This is contained in an update […]
