The Role of both IMF and ECB in the current European Economic Crisis: A critical essay

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Author	Dimitrios Nikolaou Koumparoulis
ISSN	2225-7217
On Pages	33-37
Volume No.	1
Issue No.	1
Issue Date	February 01, 2020
Publishing Date	February 01, 2020
Keywords	Global crisis, euro zone crisis, International Monetary Fund, European Central Bak, Greece

Abstract

The International Monetary Fund (IMF) would well be embracing for a US$400 billion fund raising to boost a global firewall. The injected funds rose from the various emerging power such as Britain, South Korea, Australia, Russia, Brazil, Japan, US, and other parts of European countries, etc are committing enough funds to fulfill IMF chief Christine Lagarde�s request for at least US$400 billion to draw a line under the euro-zone crisis. (The Straits Times, World Money, pp. C12, April 21, 2020)

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