Home
Lagarde warns the global economy at risk
Posted 25/12/2011 08:36 PM
PARIS (Reuters) - Christine Lagarde, director of the International Monetary Fund that the global economy is threatened and urged the Europeans to unite their views about the debt crisis that rocked the global financial system.
The Lagarde has said in Nigeria last week that the IMF forecasts for world economic growth rate of four percent in 2012 may be adjusted downward but did not set a new record.
She told the newspaper Journal du Dimanche in an interview published on Sunday, "the global economy in a dangerous situation."
She described the crisis of debt - continuing with the approach of 2012 subsided after the EU summit on the ninth of December, market fears only temporarily - as a "crisis of confidence in the public debt in the cohesion of the financial system."
The EU leaders prepared a draft agreement to strengthen economic integration in the Mntqhalioro but it is unclear whether the agreement would serve to contain the debt crisis that began in Greece in 2009 and now threatens France, but Germany's major economic power in the continent.
Lagarde said "the top of the ninth of December were not detailed enough on the financial conditions and a very complex on the basic principles."
She "in the interest of Europeans speak with one voice and announce a timetable simple and detailed. Waiting for the investors. The general principles are not enough to leave a positive impression."
[You must be registered and logged in to see this link.]
Posted 25/12/2011 08:36 PM
PARIS (Reuters) - Christine Lagarde, director of the International Monetary Fund that the global economy is threatened and urged the Europeans to unite their views about the debt crisis that rocked the global financial system.
The Lagarde has said in Nigeria last week that the IMF forecasts for world economic growth rate of four percent in 2012 may be adjusted downward but did not set a new record.
She told the newspaper Journal du Dimanche in an interview published on Sunday, "the global economy in a dangerous situation."
She described the crisis of debt - continuing with the approach of 2012 subsided after the EU summit on the ninth of December, market fears only temporarily - as a "crisis of confidence in the public debt in the cohesion of the financial system."
The EU leaders prepared a draft agreement to strengthen economic integration in the Mntqhalioro but it is unclear whether the agreement would serve to contain the debt crisis that began in Greece in 2009 and now threatens France, but Germany's major economic power in the continent.
Lagarde said "the top of the ninth of December were not detailed enough on the financial conditions and a very complex on the basic principles."
She "in the interest of Europeans speak with one voice and announce a timetable simple and detailed. Waiting for the investors. The general principles are not enough to leave a positive impression."
[You must be registered and logged in to see this link.]
