DEVELOPMENT:  EU Keeps IMF Within the Club
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BRUSSELS, Jul 10 (IPS) - The European Union's finance ministers have  decided that Frenchman Dominique Strauss-Kahn should head the  International Monetary Fund (IMF), despite calls for the post to  be opened up to candidates from poor countries.
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The International Monetary Fund (IMF) managing director, Rodrigo de Rato, said the road to a monetary union could be bumpy at times, as it requires strong political commitment
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BRUSSELS - Greece&#39;s membership of the eurozone is not in doubt despite a damaging review of its budget data stretching back five years, a European Commission official said Monday.
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Pressure is building on European countries to seriously consider forming a single voice within the IMF after the financial institution decided to give more say to emerging economic powers, experts said.
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European Central Bank President Jean-Claude Trichet on Sunday brushed off French criticism of the ECB, saying that sticking to its job of ensuring price stability was the best way to promote growth and jobs.
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The European Union today selected Dominique Strauss-Kahn to head the International Monetary Fund.
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BEIJING, Aug.21(Xinhuanet) -- A top European Union economic official says he expects economic recovery to continue in the Euro zone despite soaring oil prices.
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Central bank joins with counterparts in other countries to get funds into the financial system.
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The IMF says China must not slacken efforts to ease too-rapid growth and urges it to reform exchange rates.
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Nearly a decade ago, the International Monetary Fund drew rebukes for prescribing drastic reforms during the Asian economic crisis that erupted in 1997. Today, the IMF is again battling controversy, with some saying its efforts to give more say to emerging economies are not enough.
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The European Central Bank leaves eurozone interest rates on hold at 2%, and upgrades its economic growth forecasts.
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The European Central Bank (ECB) decided Thursday to keep its euro-zone main interest rate unchanged at 2 percent despite the slowdown of the economic growth.
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The European Commission yesterday concluded that Malta is on track to correct its financial deficit and told the European Council no further recommendations are required at this stage.
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WASHINGTON, Aug 17  - The International Monetary Fund said on Tuesday the near-term economic outlook for the Czech Republic, a European Union newcomer, was favorable with growth expected to strengthen.
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The European Central Bank keeps its key interest rate on hold at 3.5%, in a widely-expected move.
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Washington - The International Monetary Fund (IMF) on forecast Wednesday a substantial jump in economic growth in sub-Saharan Africa this year and next, saying the outlook for the region was better than in years.
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Reforms of the IMF's voting and financial structures give China and other emerging economies more influence.