IMF Stick Might not be as Effective in Europe


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The International Monetary Fund has a strong reputation as a lender of last resort. But what happens when the lender can't possibly cover the bailout and is reduced to a monitoring entity? The answer is a tougher job for the IMF than what it has previously done in Asia and Latin America.

Mariano Rajoy the Spanish Prime Minister has taken IMF advice under consideration. Meaning he has listened to it, but has made clear even in the case of troika involvement he expects the Fund to be a monitor not to add to a list of already growing austerity demands.

The IMF has responded with various comments on its reports on Spain austerity measures. “Very ambitious goals” that will “likely be missed”


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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