Some euro zone banks are restricting lending to boost their performance in financial stress tests this year, a member of the European Central Bank’s (ECB) governing council said on Friday. The ECB will publish health tests of Europe’s biggest banks before it takes over their supervision in November and there […]
Tag: Ireland
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 […]
Economic Activities in Ireland Weak-Lagarde
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Friday in Dublin said economic activities in Ireland are still weak; but said the IMF expects Ireland’s growth to exceed that of most European Union (EU) countries in 2013. This is coming on […]
