IMF warns of potential financial risks of loose monetary policy
The International Monetary Fund (IMF) on Thursday warned central banks to be alert to the potential financial risks of super-loose monetary policy adopted to cope with the financial crisis. READ MORE
Russians gone with IMF cash
State considers EUR 1.88 bn purchase of MOL shares a strategic investment READ MORE
Who Should Lead the IMF?
Every time the International Monetary Fund awaits a new managing director, critics complain that it is past time for the appointee to come from an emerging-market country. But whining won’t change the unjust 60-year-old tradition by which a European heads the IMF and an American leads the World Bank. Only if emerging-market countries unite behind a single candidate will they have a shot at securing the post. READ MORE
EU Foreign Policy Roundup
There's a lot of fresh news on the EU foreign policy front, so here's a roundup of salient headlines. READ MORE
Europe’s Long-Term Growth Prospects
The Great Recession and subsequent debt crisis have left Europe with a deep and painful legacy. Output remains 7 percent below the pre-crisis trend; public debt levels continue to reach historic highs; banks remain fragile; and the Euro area is severely out of balance. To ensure that today’s downturn does not devolve into long-term slow growth and deflationary trends, European policy makers need to respond with far-reaching structural reforms. READ MORE
Russia Is Ready To Give China Everything
Ukraine, declaring its intention to develop the relations of strategic partnership with China, should be really cautious about the way of the promotion of the relations between Beijing and Moscow. Following the official terms, they have already reached the level of “comprehensive deepening of partnership and strategic interaction”. READ MORE
Crisis in Europe and Forecasts for Russia
“It’s absolutely evident, that Europe experiences the period of troubles. However, our article doesn’t touch upon these troubles in general. It focuses on the period following these troubles. And its objective is to define tasks, which European Governments will have to complete to stop the current unequal recession in economy and to achieve a steady and persistent growth”. This declaration was made by the Head of a Permanent Representative Office of the International Monetary Fund (IMF) to Russia Odd Per Brekk presenting another regional European report during the meeting with Moscow press. READ MORE
Deputy Minister: Ukrainians Treated By EU Consulates As In Communist Russia
Ukrainian citizens face a "Visa Berlin Wall" when trying to enter the EU and the visa requirement procedures of European consulates are similar to those in communist Russia, Ukrainian Deputy Foreign Affairs Minister Kostyantyn Yeliseyev told in an interview. READ MORE
Why U.S. - EU Economic Co-Operation Holds The Key To Global Governance
The globalised economy and the rise of new economic giants demand a radically reformed international system, says Robert Hutchings. But it will nevertheless fall to Europe and America to fashion these new structures for global governanceDespite the many calls for a “new Atlanticism” or a “new transatlantic bargain,” the U.S.-European relationship is still imprisoned by old habits and ways of doing business. Yet, it is an inescapable reality that almost all the new challenges lie outside the traditional NATO relationship, and many of them are in areas where U.S. and European views have long diverged. READ MORE
Ukrainian Signs In Turkish March: New Reality Of Energy Policy
The Prime Minister of the Republic of Turkey Recep Tayyip Erdoğan said one of those sayings, which perfectly characterizes current role of Turkey within international political and economic arena: "Turkey is the extreme Eastern point of West and the extreme Western point of East". READ MORE
