Advertisement

imf

FOCUS: IMF praises Spain's 'virtuous circle'
Economy

FOCUS: IMF praises Spain's 'virtuous circle'

Spain has emerged from a devastating crisis and entered a "virtuous circle" with faster growth than its neighbours, but the IMF warns that high unemployment and the rise of populist parties still threaten the recovery.
Davos: Spain wins praise over reforms
imf

Davos: Spain wins praise over reforms

The head of the International Monetary Fund Christine Lagarde was one of several high-profile figures to laud Spain's economic recovery at a session at the World Economic Forum in Davos, Switzerland on Thursday.
Ruling party kicks out scandal-hit ex-IMF boss
corruption

Ruling party kicks out scandal-hit ex-IMF boss

Spain's ruling conservative Popular Party went into damage limitation mode on Monday, saying it had expelled ex-IMF head Rodrigo Rato and all other party members under investigation for allegedly misusing credit cards for personal spending while working at a bailed-out finance group.
Spain's recovery 'here to stay': IMF
imf

Spain's recovery 'here to stay': IMF

The International Monetary Fund declared on Tuesday that Spain's economic recovery is here to stay, hailing a return to growth and job-creation despite the nation's 26-percent unemployment rate.
Masked protesters mar key economy summit
imf

Masked protesters mar key economy summit

Angry demonstrators took to the streets in the Spanish city of Bilbao on Monday to protest the presence of an economic conference during which IMF chief Christine Lagarde said Spain's economy had "turned the corner".
'Spain's record wage cuts not enough': IMF
wages

'Spain's record wage cuts not enough': IMF

The International Monetary Fund has asked Spain to further reduce salaries even though it has already slashed average wages by 20 percent over the past two years - the fastest drop in the country's democratic history.