Antonio Borges News
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Discussing climate change was a welcome break for Christine Lagarde from the European debt crisis that has consumed her first year as director of the International Monetary Fund.
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Camargo Correa SA’s 2.48 billion-euro ($3.3 billion) bid to buy out Cimpor-Cimentos de Portugal SGPS SA seems appropriate and a rival offer for the cement company is unlikely, a consultant for the Portuguese government said.
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The International Monetary Fund has offered a slate of options to European Union authorities as they work to revamp the euro area’s main rescue fund, said Antonio Borges, the IMF’s European department head.
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The head of the International Monetary Fund’s European department was replaced by a veteran staffer after quitting less than a year into the job as the European debt crisis worsens.
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International Monetary Fund European Director Antonio Borges said he currently sees no need for a Greek debt restructuring and suggested the country could sell more state assets.
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Antonio Borges, the International Monetary Fund’s European department head, said the IMF is working to limit the spread of concerns about Spain and Italy.
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Antonio Borges, the International Monetary Fund’s European department head, said the IMF is working to limit the spread of concerns about Spain and Italy.
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Antonio Borges, the International Monetary Fund’s European department head, said while the problems with the U.S.’s fiscal situation appear to have abated, the fund still has concerns.
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Antonio Borges, the International Monetary Fund’s European department head, said European Union authorities are working together on a plan to recapitalize the banking sector.
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The International Monetary Fund’s European departement head Antonio Borges said he doesn’t see a reason for the “execessive” market distrust toward Italian and Spanish debt. He was speaking at a panel debate in Washington today.
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