IMF: Europe needs agency to manage bank failures

Courtesy Newsvine - business  Fri, 03/19/2010 - 04:31

The head of the International Monetary Fund says the European Union needs to come up with "a fire brigade" to deal with the collapse of banks that operate across several countries.


 

Related items

IMF seeks up to $500 billion in new funds
The International Monetary Fund said Wednesday that it's aiming to increase its financial firepower by around $500 billion so it can give out new loans to help ease a worsening financial...

IMF warns China's banks face growing risks
The International Monetary Fund warned Tuesday that China's banks face growing risks that might hamper growth, adding to concern about the world's second-largest economy amid Europe's debt...

IMF: Financial risks rising in US and Europe
The International Monetary Fund says the global financial system is more vulnerable than at any point since the 2008 financial crisis.

Samsung SCX-4200 3-in-1 True Multifunction Printer
The SCX-4200 Digital Productivity Center is a low cost black and white laser printer, delivering 3 in 1 true multifunction performance with professional laser output.Keep your valuable real...

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com