IMF head seeks to allay fears over Spain

Spain is taking the right measures for economic stability, Dominique Strauss-Kahn, the head of the International Monetary Fund, said in Madrid, June 2010.

He joined a chorus of official voices attempting to soothe financial markets worried about the eurozone debt crisis and Spanish financial fragility

ESO: Background information: Bond sales spark fears for Spanish economy http://www.europeansources.info/record/bond-sales-spark-fears-for-spanish-economy/

BBC News, 18.6.10: IMF says Spain taking right steps towards stability http://news.bbc.co.uk/1/hi/business/10349212.stm

ESO: Background information: Crisis adds impetus to Spain’s reform push http://www.europeansources.info/record/crisis-adds-impetus-to-spains-reform-push/

IMF: Country Reports: Spain and the IMF http://www.imf.org/external/country/ESP/index.htm

---