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International Journal of Economics, Finance and Management >> Volume 5, Issue 2, June 2016

International Journal of Economics, Finance and Management


The Role of both IMF and ECB in the current European Economic Crisis: A critical essay

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Author Dimitrios Nikolaou Koumparoulis
ISSN 2225-7217
On Pages 33-37
Volume No. 1
Issue No. 1
Issue Date February 01, 2020
Publishing Date February 01, 2020
Keywords Global crisis, euro zone crisis, International Monetary Fund, European Central Bak, Greece



Abstract

The International Monetary Fund (IMF) would well be embracing for a US$400 billion fund raising to boost a global firewall. The injected funds rose from the various emerging power such as Britain, South Korea, Australia, Russia, Brazil, Japan, US, and other parts of European countries, etc are committing enough funds to fulfill IMF chief Christine Lagarde�s request for at least US$400 billion to draw a line under the euro-zone crisis. (The Straits Times, World Money, pp. C12, April 21, 2020)


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