Euro area crisis 2.0

Characterized by an environment of overly high government structural deficits and accelerating debt levels.

Germany Long Term Interest Rate is at 2.30%

France Long Term Interest Rate is at 3.09%

Luxemburg term interest rate is at 3.37%

Netherlands Long Term Interest Rate is at 2.57%

Belgium Long Term Interest Rate is at 2.92%

Finland Long Term Interest Rate is at 2.81%

Italy Long Term Interest Rate is at 3.57%

Austria Long Term Interest Rate is at 2.77%

Slovenia Long Term Interest Rate is at 3.50%

Slovakia Long Term Interest Rate is at 3.33%

The International Monetary Fund praises the government's economic discipline - and demands more, in addition to cuts and lab or market reforms, the income side, i.e., tax increases, must also be considered, the IMF estimates. (Finland YLE)

IMF policies may be anti-developmental; the report said that deflationary effects of IMF programmes quickly led to losses of output and employment in economies where incomes were low and unemployment was high. Moreover, the burden of the deflation is disproportionately borne by the poor.

The IMF's initial policies were based in theory influenced by differing opinions departmental between rivalries.

Critics have seen these intentions implement such political one’s reforms ashore where was widely varying economic circumstances.

Countries were misinformed and lacked economic originals information rationale very nature of promoting market-oriented approaches attracted unavoidable criticism later.

The IMF serve as a guilty while when accept international one’s bankers’ activities and while allowing governments to go bankruptcy.

Argentina has one been the IMF to be a model country in its compliance to policy proposals by the Bretton Woods institutions experienced a catastrophic economic crisis in 2001 some believe have been caused by IMF-induced budget restrictions which undercut the government's ability to sustain national infrastructure and economy.

The crisis widespread hatred of this institution in Argentina and other South American countries, many are blaming the IMF for the region's economic problems.

IMF policies in Africa undermine any possibility of meeting the Millennium Development Goals due to imposed restrictions that prevent spending on important sectors such as education and health.

According to IMF, his job at the firm was to convince leaders of underdeveloped countries to accept substantial development loans for large construction and engineering projects, thus primarily helping local elites and wealthy families, rather than the poor.

Many cases, only a small portion of the population benefits at the expense of the rest, pointing to, as an example, an increase in income inequality.

The operations carried out by the International Monetary Fund have mainly benefited only large Western financial institutions or individual rich individuals of the target countries, for whom the artificial maintenance of the exchange rate gave them time to transfer their capital before the exchange rate collapse. The International Monetary Fund has also supported immoral debt in Argentina, among others, which destroyed the economy of a reasonably rich country.

There was a tactics to put these countries on the hook, and that happened. Whether or not it was some sinister plot or not is up to interpretation, but many of these countries are still over the barrel and have never been able to repay the loans.

IMF's methods had initially encouraged more reckless borrowing by corruption governments Former Tanzanian President Julius Nyerere claimed that debt-ridden African states were ceding sovereignty to the IMF and the World Bank.