Articles About Cannes
- Author:
- James I. Clark III
- Posted:
- 11.29.2011
Italy Asks IMF to Oversee its Debt Reduction Efforts
Italy’s Prime Minister Silvio Berlusconi has asked for international oversight of his efforts to slash the eurozone’s second-largest debt, even as his unraveling coalition threatens efforts to build a wall against Europe’s debt crisis. Berlusconi’s government asked the International Monetary Fund (IMF) to assess its debt-reduction progress, and turned down an offer of financial assistance. […]