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| Thread ID: 118033 | 2011-05-16 21:39:00 | The French Got Problems - Again. | SurferJoe46 (51) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1202592 | 2011-05-16 21:39:00 | The French Connection is in the news but not in a good way - it's only gonna muck things up for the EU recovery a lot more . Sinking under a mountain of debt, Greece is on the verge of requesting more help from the European Union and the international fund . Ireland’s economic recovery from its banking crisis remains a distant prospect at best . And once an international aid deal is concluded for Portugal, the question shifts to whether Spain’s much larger and increasingly stagnant economy may need a financial lifeline . Indeed, the most bitter twist for Dominique Strauss-Kahn ( . bbc . co . uk/news/world-us-canada-13417712" target="_blank">www . bbc . co . uk) is that his personal crisis comes at a time that the I . M . F . ’s influence globally is at a many-decades peak, especially within Europe, his own stomping ground . During his tenure as managing director of the fund, Mr . Strauss-Kahn is widely credited with expanding the fund’s resources after the financial crisis, improving its governance and essentially restoring its relevance by replacing orthodoxy with pragmatism . |
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