Euro Zone To Back Portugal Aid, Imf Deputy Attends

BRUSSELS (Reuters) - Euro zone finance ministers are ready to back an EU/IMF bailout of Portugal at a Monday meeting overshadowed by the arrest of International Monetary Fund chief Dominique Strauss-Kahn on sexual assault charges.

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    Spain has gone from being “another domino” to “an insurmountable dam that it protecting the Euro zone” due to its ... different“ from that in Portugal, Deputy Prime Minister Alfredo ...
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  • Euro zone technocrats recommend EU/IMF mission chiefs ...
    Euro zone deputy finance ministers have recommended that Greek bailout review talks continue in Athens, a government official said on Friday, as Athens and its creditors seek a deal on reforms to ...
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    Portugal in the IMF. Member since March 29, 1961; Quota: SDR1029.7 million (equivalent to €1144million, US$1,635 million at current exchange rates) Each member country of the IMF is assigned a quota, based broadly on its relative position in the world economy.A member country's quota determines its maximum financial commitment to the IMF, its voting power, and has a bearing on its access to ...
    11/16/2020 - 5:19 am | View Website
  • IMF gives Portugal next aid tranche, warns of risks | Reuters
    The International Monetary Fund said Portugal was on track with the conditions of its bailout program and gave the indebted euro zone country another 1.9 billion euros ($2.5 billion).
    11/12/2020 - 6:39 pm | View Website
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    10/24/2020 - 2:29 am | View Website
  • IMF praises Portugal for the effort made in recent years ...
    The International Monetary Fund (IMF) has released almost unprecedented forecasts in recent decades for both the world and Portugal: Portuguese GDP will fall by 8%, the deficit will increase to 7.1% and public debt will reach an all-time high of 135% by 2020.
    10/20/2020 - 3:38 am | View Website
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