15857
IMF Warns Ireland
World Economy

IMF Warns Ireland

The International Monetary Fund has said the Ireland government’s new economic plan steers fiscal policy “broadly in the right direction” but it has warned that current favorable conditions could worsen, NewsNow reported. The IMF’s tacit support for the spring statement came as the European Commission said a “more ambitious” budgetary target next year would accelerate debt reduction and help protect against any future shocks. The two institutions and the European Central Bank were in Dublin this week for the first of two annual inspections in which the troika bodies examine the state’s progress since leaving the bailout in late 2013.

Short URL : http://goo.gl/MRNa5R

You can also read ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
UK Economy Will Shrink Without Brexit Deal
Britain’s economy will shrink if the country leaves the...

Trending

Googleplus