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18th of October 2010
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News Tag: deficits

October 5, 2010

IMF expresses concern over fragile financial system

by Kay Murchie
’IMF
In its half-yearly health assessment of the financial system, the International Monetary Fund (IMF) has said it is concerned about the global financial system. The crisis in the European sovereign debt markets has meant the prospects for global stability have been pushed back, said the IMF. The crisis is Europe has recently been exacerbated by the problems in Ireland - although ...




October 3, 2010

Leading economist fears for future of euro

by Kay Murchie
Leading economist fears for future of euro
Nobel prize winner, Joseph Stiglitz, has expressed his concern for the euro and the euro zone’s fragile recovery. Sixty-seven-year-old Stiglitz, the former chief economist of the World Bank, warned that the future of the single currency is bleak, while the region’s recovery is threatened by a series of austerity measures, which have been introduced by many European Governments. Stiglitz, who is ...




March 23, 2010

OECD warns Governments about spiralling debt

by Kay Murchie
”OECD
The Organisation for Economic Co-operation and Development (OECD) today warned Governments in its member countries to take action to trim their budget deficits. The OECD, which includes 30 territories such as the US, Australia, Japan, Canada, New Zealand and European countries, is forecasting that debt would exceed 100% of GDP in 2011 across its member countries. Its warning comes prior to the European ...




November 27, 2009

NAPF issues pensions warning to Government

by Kay Murchie
NAPF issues pensions warning to Government
A report by the National Association of Pension Funds (NAPF) has found that just 23% of final salary pension schemes in the private sector are open to new members, compared with 28% a year earlier. As a result of the findings, the NAPF has issued a warning to the Government to introduce measures to help reduce deficits and the size of pension ...





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