International Monetary Fund

International Monetary Fund News

• Rehn Tells Euro-Skeptic Soini to Retract Czarist Thug Remark

  Updated 49 minutes ago

  European Union Economic and Monetary Affairs Commissioner Olli Rehn has told the leader of Finland’s euro-skeptic party to apologize for likening him to a Czarist- era ruler in a spat that coincided with the nation’s vote on a second Greek bailout.

• German Bunds Decline as Business Confidence Jumps to Highest in 7 Months

  Updated 2 hours, 19 minutes ago

  German bunds fell after an industry report showed business confidence in Europe’s largest economy rose more than economists forecast in February, damping demand for safer assets.

• 

  Germany Confidence Defies Euro-Area Recession as Italy Contracts: Economy

  Updated 1 hour, 13 minutes ago

  German business confidence rose more than economists forecast to a seven-month high in February as Europe’s largest economy bucks a recession that’s gripping the region’s southern fringe.

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  Strauss-Kahn Released After Questioning

  Updated 2 hours, 52 minutes ago

  Dominique Strauss-Kahn, the former head of the International Monetary Fund, was released from police custody yesterday after almost two days of questioning as part of an investigation into a French prostitution ring.

• Smaller Greek Companies Forecast Revenue Drop as Crisis Worsens

  Updated 3 hours, 19 minutes ago

  Small Greek businesses expect revenue to fall in the first half of this year as the economic environment deteriorates, a Marc SA poll showed.

• EU Confirms Spain Will Relapse Into Recession, Warns on Further Austerity

  Updated 24 minutes ago

  Spain’s economy will relapse into a recession in 2012 and additional austerity measures may worsen the slump, the European Commission said.

• Hungary’s Forint Bonds at Risk From Aid Threat, UniCredit Says

  Hungary’s forint-denominated bonds may weaken on concern the government will struggle to restart talks on an international bailout, according to UniCredit SpA.

• Italian Consumer Confidence Rose More Than Forecast in February

  Italian consumer confidence rose more than economists forecast in February as an easing of Europe’s sovereign debt crisis buoyed household sentiment and the outlook for employment.

• China Central Bank Study Urges Relaxing Curbs on Capital Flows

  China has a “strategic opportunity” now to relax restrictions on capital flows to take advantage of lower values of Western companies and elevate the yuan’s role in international trade, a central bank study said.

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  China’s Stock Rally to End as ‘Fine-Tuning’ Policies Disappoint, BofA Says

  China’s stocks may fall as much as 13 percent by the end of the year as the central bank’s “fine- tuning” of monetary policies won’t be enough to offset an economic slowdown, according to Bank of America Corp.

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