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While Ms Merkel cannot discuss urgent matters on the euro crisis with the IMF while Mr Strauss-Kahn is detained in the United States, Mr Brown has already popped up again as a substitute for Stauss-Kahn for the top IMF job. Even if London is the biggest financial center of Europe, given the British disengagement with… » read more

Posted by Dániel Antal

The financial and money markets have closed with a huge plus today after news came out that the IMF has reached a broad agreement with the Hungarian government. The scheme will involve the EU and possibly some EU member states, too. “A substantial financing package in support of these strong policies will be announced when… » read more

Posted by Dániel Antal