Imf Bailout

Why Tension Between World Leaders Is Mounting

Reuters | Posted 04.15.2012

Read More: European Debt Crisis, Video, Imf Plan New Funds, International Monetary Fund, IMF Funding, Reuters, Business News, IMF Bailout, Imf, Euro Crisis, IMF Greece, Business News

By Lesley Wroughton WASHINGTON, April 13 (Reuters) - Tensions among some of the world's leading economies are on a boil over a plan to...

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The Humiliating Cost of Progress in Greece

Thanos Dimadis | Posted 05.08.2012

Read More: IMF Bailout, Eurozone Debt Crisis, Imf, Greeks, Greek Debt Crisis, Greece, Europe Recession, Greek Debt, World News

The Greek people should be afforded the security of knowing whether their country is on a steady path towards economic recovery. Nevertheless, no one is able to assure Greeks the crisis is averted.

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Should Greece Get a Second Bailout?

Thanos Dimadis | Posted 03.25.2012

Read More: IMF Bailout, European Debt Crisis, Imf, Greek Bailout, Bailout, Greek Debt Crisis, Greece, World News

Actually, I agree with the analysts who say that Greece does not not deserve a second bailout program from the EU, ECB and IMF. I would add, though, that Greece doesn't deserve it only if this program is to be created with the same failed recipe used before.

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Official: Finance Ministers Can't Agree On Providing 200 Billion Euro Loan To IMF

AP | GABRIELE STEINHAUSER | Posted 02.18.2012

Read More: European Debt Crisis, Video, Eu Finance Ministers Conference Call, EU Finance Ministers, Euro Debt Crisis, IMF Bailout, European Union, Eurozone Debt Crisis, Imf, Business News

BRUSSELS — European Union finance ministers have come up euro50 billion ($65.19 billion) short of their goal of providing the International Mone...

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Can China Save Europe?

Tom Devonshire | Posted 11.19.2011

Read More: IMF Bailout, European Debt Crisis, Greece Debt, European Economy, Greece Bailout, European Economic Crisis, China Europe Debt Deal, China, Italy Debt, China Europe Bailout, Business News

The Chinese could quite easily sort out Europe in one fell swoop. Why would China get involved in Europe's mess though? In short, it is not in China's interest for Europe to fail.

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Saving Greece or Saving the Euro?

Azeem Ibrahim | Posted 09.10.2011

Read More: Christine Lagarde, Imf-Bailout, Imf, Greek Bailout, Greek Debt Crisis, Euro, World News

Perhaps it is time for the EU to not just swallow its pride and ask the IMF for help, but to take allow the weaker economies to secede from the Eurozone, releasing the others from their obligation to keep bailing them out.

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The Challenge of Privatization and the Greek Debt

Thanos Dimadis | Posted 05.25.2011

Read More: IMF Bailout, Privatization, Imf, George Papandreou, Greek Bailout, Greek Debt Crisis, Greek Economy, Business News

Greece doesn't have a lot of time to put its messy fiscal house in order.

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Will Papandreou Rescue Greek People From Social Bankruptcy?

Thanos Dimadis | Posted 05.25.2011

Read More: IMF Bailout, Greece Debt, Davos 2011, Greeks, Greek Bailout, Greece, Papandreou, Euro, Greece Debt Crisis, Politics News

What's now important for the Greek government is to provide people with evidence that their sacrifices are not in vain. And, furthermore, that people are paying for the crisis equally.

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Simon Johnson Warns Ireland: Seek IMF Bailout Or Risk Bankruptcy

The Independent | Posted 05.25.2011

Read More: Global Economy, Ireland Financial Crisis, Ireland Economy, IMF Bailout, Ireland, Imf, Global Financial Crisis, Simon Johnson, Global Economic Crisis, Business News

"For the sake of the Irish people, it's time to go to the IMF. If you go in now and if you go in with your partners, you will get a good deal. You may...

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Debt Crisis and Threat of Bankruptcy Encourages Europe To Create Greater Economic Reform

AP | DANIEL WOOLLS and COLLEEN BARRY | Posted 05.25.2011

Read More: European Debt Crisis, Europe Economy, Europe Debt Crisis, Economic Reform, Greece Debt Crisis, Economic Crisis, IMF Bailout, Imf, EU Debt Crisis, Eu, Business News

MADRID — In the ashes of Europe's debt crisis, some see the seeds of long-term hope. That's because the threat of bankruptcy is forcing governm...

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Does Greece Have a Tea Party?

Ann Pettifor | Posted 05.25.2011

Read More: Goldman Sachs, Greece, IMF Bailout, Greece Debt, Imf, Maastricht-Treaty, George Papandreou, Ecb, Eu, Tea Party, Greece Bailout, Euro, Business News

While there have been protests and riots, it is not clear that Greece has the equivalent of a Boston Tea Party. Or, like Bostonians, that Greeks will join with others to fight for independence.

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Greek Debt Crisis Gets Steadily Worse Amid a Sea of Fiscal Deception

Sheldon Filger | Posted 05.25.2011

Read More: IMF Bailout, Greek Fiscal Crisis, George Papandreou, Eurozone, Greek Debt Crisis, Sovereign Debt Crisis, Business News

Athens had deliberately lied about the deficit so that Greece would be admitted into the Eurozone.

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DK Matai | Posted 05.25.2011

Read More: The Great Depression, 1929 Stock Market Crash, European Union, Financial Crisis, Europe, Euro Crisis, European Central Bank, Great Depression, Russia, India, United Kingdom, Spain, United States, Deflation, IMF Bailout, Eurozone, Inflation, The Great Reset, Ireland, Greece, Global Financial Crisis, Portugal, Global Economic Collapse, Piigs, Debt, National Debt, Greece Debt, Greece Debt Crisis, Corporate Bonds, Corporate Greed, International Monetary Fund, Income, Unemployment Rate, Livelihood, Living Standards, Volcano, Keynesian Economics, John Maynard Keynes, Latin America, North America, Middle East, Sovereign Debt Crisis, Business News

Editor's Note: This post has been removed from the Huffington Post....

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Iceland's Pyrrhic Victory

Iris Erlingsdottir | Posted 05.25.2011

While Icelanders have been endlessly debating IceSave, our unemployment rate has continued to climb, the number of insolvencies has continued to increase, and public services have continued to decrease.

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Iceland's President Is No Hero

Iris Erlingsdottir | Posted 05.25.2011

While legislators were hammering out a deal that would keep Iceland from being labeled a pariah state by the IMF and ratings agencies, President Ragnar was protecting his oligarch friends.

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Iceland's President Is Still No Hero

Iris Erlingsdottir | Posted 05.25.2011

I believe that none of the Icelandic political parties are actually standing up for the average Icelandic person.

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"Happy" Anniversary, Iceland

Iris Erlingsdottir | Posted 05.25.2011

Read More: IMF Funding, International Monetary Fund, Economic Crisis, Iceland Economic Crisis, Norway, Alcoa, Iceland Global Economic Crisis, Iceland Economy Collapse, Iceland, Denmark, Iceland Bankrupt, Iceland Banks, Iceland Economy, Lehman Brothers, Iceland National Bankruptcy, IMF Bailout, Financial Crisis, Western Europe, Imf, Iceland Financial Crisis, Lehman Brothers Bankruptcy, World War II, Iceland Bank Crisis, Monty Python, World News

This has been a very rough year for Iceland, and it's not likely to get better anytime soon. The public's anger continues to grow, and it would not be surprising if this winter sees a repeat of last winter's uprising.

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NPR, the IMF, and the Global Savings Glut

Dean Baker | Posted 05.25.2011

Read More: IMF Bailout, Bank Bailouts, Economic Crisis, Npr, Eastern Europe, Business News

NPR is turning history on its head in telling listeners that more support for the IMF is the solution.

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Jane Hamsher's Call to Action Against the War/IMF Supplemental

Robert Naiman | Posted 05.25.2011

Read More: Maxine Waters, Firedoglake, Jan Schakowsky, International Monetary Fund, Rahm Emmanuel, War, IMF Bailout, Keith Ellison, Imf, Afghanistan, Timothy Geithner, Congress, Jim McGovern, Jane Hamsher, War Supplemental, World News

The White House and the House leadership want progressive Democrats in the House to abandon their constituents, their commitments, and their principles and vote for the War/IMF supplemental. But when progressive Democrats tried to have input into the process earlier, they were locked out by the leadership, on orders from the White House and Treasury.

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Support the IMF

Douglas Rediker | Posted 05.25.2011

Read More: IMF Bailout, Imf, International Monetary Fund, World News

t is crucial that Congress approve the IMF funding authorization. Failure to do so would send a terrible signal across the globe that the US can't be counted on to lead in a time of crisis.

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Green Shoots Among Iceland's Ruins

Iris Erlingsdottir | Posted 05.25.2011

Read More: Tellmetwin, Iceland Economic Crisis, European Union, Red-Herring, Iceland Global Economic Crisis, Iceland Economy Collapse, Iceland, Iceland Bankrupt, Icelandic-Economy, Iceland Economy, Rahm Emanuel, Iceland National Bankruptcy, IMF Bailout, Imf, Iceland Financial Crisis, Iceland Bank Crisis, Icelandic Government, Reykjavik-Iceland, Business News

A new generation of entrepreneurs is rising that may lead us, eventually, to a new order, one divorced from the old elite and all the corruption that they thrived on.

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IMF Urges Eastern Europe To Adopt Euro Without Joining Eurozone

Financial Times | Posted 05.25.2011

Read More: Eurozone Inflation, Eu Rejects Eastern Europe Rescue Plan, Eastern Europe, International Monetary Fund, IMF Bailout, Imf, European Union, Eurozone, Eastern Europe Economy, Europe, IMF Credit Crisis, Euro, Global Financial Crisis, World News

Crisis-hit European Union states in central and eastern Europe should consider scrapping their currencies in favour of the euro even without formally ...

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Is the IMF Helping Iceland?

Iris Erlingsdottir | Posted 05.25.2011

Why are the countries that have accepted IMF assistance in the past -- such as South Korea and Argentina -- so bitter over the experience?

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G-20: Welcome to the Multi-Polar World

Mark Weisbrot | Posted 05.25.2011

Read More: Obama G-20, Global Economy, Latin America, Central America, IMF Funding, Bretton Woods, World Bank, Imf, G-20, Global Economic Crisis, G-20 Summit, Africa, IMF Bailout, G-20 Europe, Neoliberalism, Economic Failure, Globaliation, Politics News

The run-up to the G-20 meeting has been interesting and colorful. President Lula Da Silva of Brazil declared that "this crisis was caused by the irrat...

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Romania Becomes Third Eastern EU Country To Be Bailed Out

The Guardian | David Gow | Posted 05.25.2011

Read More: International Monetary Fund, International Economic Crisis, European Economic Crisis, Romania Bailout, European Union, Romanian Bailout, Global Economic Crisis, Global Financial Crisis, World Bank, Eastern Europe, Romania, IMF Bailout, Imf, Eastern Europe Economy, Europe, European Bailout, Romania Economy, World News

The European Union, IMF and World Bank today bailed out Romania with a €20bn (£18.5bn) loan in return for severe cuts in public spending and wages....

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