IMF pointed out that euro-zone debt crisis make the global financial market conditions more unstable, orderly adjustment process is expected to be quite lengthy and expensive. Serious economic imbalances within the euro area potential a global boom-bust cycles, European debt crisis management failure caused high levels of stress and will spread to other countries.
Although the IMF to participate in relief Greece, Portugal and Ireland, but failed to grasp downturn detonated the global financial crisis in 2008 have subjected of much criticism.
Although the IMF to participate in relief Greece, Portugal and Ireland, but failed to grasp downturn detonated the global financial crisis in 2008 have subjected of much criticism.