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The IMF's Big Wager On Europe

Wall Street Journal Original article ›

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The IMF commmittment to troubled European economies is large, at $320 billion, 40% of its theoretical financing capacity, and exceeds its role in the 1997 Asian financial crisis. Concern that the IMF is now helping politicians protect the eurozone. And fears that the lack of the option of devaluing currency leaves too much of the burden on cutting spending in the midst of a recession. Deficit reduction in the current situation will take years to happen.

IMF's Lending Capacity 2010-2015

04/05/2009

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The IMF's Big Wager On Europe

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Congress Can Help the U.S. By Reforming The IMF

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IMF Expects to Double Its Lending Capacity

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IMF Plan Sees Role for Fund in Crises

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I.M.F. Says Europe’s Debt Crisis Could Spread

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How Greece's and Ireland's debt crisis affects Germany, France, Portugal and Spain.

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German banks have large holdings of Greek bonds, and much larger holdings of bonds from the crisis affected countries of Greece, Portugal, Spain and Ireland.

Grouped Articles

Already Holding Junk, Germany Hesitates

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Euro Rises After I.M.F. Increases Aid Pledge to Greece

New York Times 04/29/2010

As Greek Drama Plays Out, Where Is Europe?

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Europe Acts Swiftly on Long-Delayed Greek Bailout

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The Next Global Problem: Portugal

New York Times 04/30/2010

Portugal to cut wages, raise taxes

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IMF in the Eurozone financial crisis of 2010-2012

03/03/2010

Aid package to Greece and funds for other eurozone countries. The IMF's involvement in protecting the eurozone.

Grouped Articles

A Warning Light to Alert the I.M.F.

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EU Dismisses IMF's Criticism On Greek Bailout

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Policy ‘Troika’ for Europe Financial Woes at Odds

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Europe's Original Sin

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Greece Can Learn IMF Austerity from Turkey

BusinessWeek 05/27/2010

Past Rifts Over Greece Cloud Talks on Rescue

Wall Street Journal 10/07/2013


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