OLLI REHN

  • Cyprus faces last ditch chance to save economy March 25, 2013

    Nicosia: Cypriot President Nicos Anastasiades embarked on lastminute crisis talks with international lenders on Sunday in an attempt to save the Mediterranean island from financial meltdown. With Cyprus facing a Monday deadline to avert a collapse of its banking system and potential exit from the euro, late night negotiations in Nicosia...
  • IMF poised to secure $ 400 bn in crisis funding April 20, 2012

    Washington: The Group of 20 nations on Friday stood ready to commit at least $400 billion to bulk up the International Monetary Fund, though Brazil wants to tie the cash to a pledge that emerging market voting power at the IMF will increase. The IMF has been aiming to raise at...