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Christine Lagarde’s Statement on the Explosion in the IMF’s Paris Office

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), has made the following statement today in Frankfurt, Germany: “I have been informed about the...

Economist: Troika is Eating Away the Countries it Saves

An article published on Friday by the British financial magazine “The Economist” exercises harsh critic on the representatives of Greece’s creditors, comparing the troika...

Bundesbank: Capital Tax First, Then Rescue

The latest financial report published by the German Federal Bank, “Bundesbank” argues that countries on the verge of bankruptcy should ensure the necessary funding...

IMF Praises Greek Authorities

The situation and prospects of global economy, the emerging markets; the stalemate in the U.S.; debt crisis in the Eurozone (especially in Greece), as...

Die Welt: Sustainable Greek Financial Nightmare

The data of the International Monetary Fund – IMF indicate that Greece's financial situation is worse than anticipated, and the inability to achieve its...

Debt Haircut is Part of Greece’s Problem

The restructuring of the Greek debt is not part of the solution but rather part of Greece’s problem, Holger Schmieding, German economist and the...