Adjustments in the euro area are now taking place in an environment of slow or negative growth and deleveraging, prompting risks of a vicious circle involving high and rising sovereign indebtedness, weak banking systems, excessive fiscal consolidation and lower growth.
As most of the world knew it would, the financial demands made by Europe have crushed the Greek economy, led to mass unemployment, a collapse of the banking system, made the external debt crisis far worse, with the debt problem escalating to an unpayable 175 percent of GDP.
Four joint meetings of the advisory groups were held to discuss three key themes: inflation control, reform of the banking system, and creating a capital market. Both groups compiled reports on their research and submitted formal proposals to the relevant Vietnamese government authorities.
This understanding of the need for the right preventive practices to reduce the risks of financial panic- notably, stronger national balance sheets, strengthening of banking systems through effective regulation, greater transparency, greater monitoring and control of quasi-government guarantees and, crucially, more sustainable exchange rate regimes- has been the focus of the international community's response.
The leader of the Islamic Revolution recommended the members of the Supreme Council of Economic Coordination to make major and leading decisions with regard to the main issues and important economic challenges of the country and maintained:“In order to resolve some of the key economic issues like problems in the banking system, liquidity, unemployment, inflation and budgeting process, pragmatic and serious decisions must be made.”.
English
中文
عربى
Български
বাংলা
Český
Dansk
Deutsch
Ελληνικά
Español
Suomi
Français
עִברִית
हिंदी
Hrvatski
Magyar
Bahasa indonesia
Italiano
Қазақ
한국어
മലയാളം
मराठी
Bahasa malay
Nederlands
Norsk
Polski
Português
Română
Русский
Slovenský
Slovenski
Српски
Svenska
தமிழ்
తెలుగు
ไทย
Tagalog
Turkce
Українська
اردو
Tiếng việt