LUXEMBOURG: A possible US debt default would have "dramatic consequences" for the global economy, EU Economic Affairs Commissioner Olli Rehn warned on Monday.
The Group of Twenty Finance Ministers and Central Bank Governors (G-20, G20, Group of Twenty) is a group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank.
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Showing posts with label US debt ceiling. Show all posts
Showing posts with label US debt ceiling. Show all posts
10/15/2013
10/04/2013
Christine Lagarde urges US that debt crisis threatens world economy
The head of the International Monetary Fund, Christine Lagarde, has urged America's warring politicians to settle their differences as she warned that an escalation of the budget row would harm the entire global economy.
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