Tag Archives: IMF

What’s the IMF?

My answer on Quora: The International Monetary Fund (IMF) is a multilateral/international institution whose primary purpose is to be a lender of last resort to member governments. If one of its member countries is having a financial, banking or related crisis, or is about to have one, the IMF is there to lend that country’s […]

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Why is nobody talking about the Greek financial crisis anymore?

My answer on Quora: After Greece received “bail-out” financing from IMF, ECB and European Commission (the Troika) in the midst of its debt crisis in 2010, Greece’s financial troubles re-engage the casual observers interest when repayment deadlines approach. Can they make their payments? If not, what will the troika do? This summer has fifteen of those […]