Mervyn King demands reform of the IMF
Governor of the Bank of England lays out manifesto in keynote speech in New Delhi
President Petro Poroshenko and premier Arseniy Yatsenyuk have dipped into Georgia’s deep pool of reformist talent in an effort to rebuild Ukraine’s war-ravaged economy. However, even with a vast IMF package and other financial assistance, many have trouble seeing how Ukraine is ever going to return to growth while it is in conflict with the Russia-backed rebels in the east
Not one to waste a good crisis, Kazakhstan’s premier, Karim Massimov, wants to speed up structural reforms and rebalance the economy by lessening the dependence on hydrocarbons.
The head of the EBRD, Sir Suma Chakrabarti, has told the bank’s shareholders that progress in driving economic reform across the region has been only modest. He explained how he plans to accelerate progress
A terrible cocktail of a vast debt pile, large fiscal deficit and lack of growth has pushed Croatia’s debt profile precariously close to unsustainable levels. Without comprehensive structural reforms, many believe the country’s economy will be in crisis by the end of the decade.
With Romania set for inflation to fall below zero, its deputy central bank governor insists that it will prevent deflation, as it continues to foster economic growth