No one will descend from the heavens, deus ex machina, to bail out the IMF or the EU.

United Nations Industrial Development Organization

International Monetary Fund . 13

O. International Monetary Fund . 116 26

S. International Monetary Fund . 114 23

(f) International Monetary Fund . 75 28

International Monetary Fund . 31

O. International Monetary Fund . 117 24

12. International Monetary Fund . 61 11

N. International Monetary Fund . 70 16

But is an EMF really what is required in the long run? I think not.

The EU s leaders will try hard to keep the IMF at bay.

The IMF and the Arab Monetary Fund have developed a similar system for AMF member countries.

The IMF s Tough Choices on Greece

The New IMF

The Next IMF

International Monetary Fund (IMF)

Source IMF.

L. International Monetary Fund . 87 91 23

L. International Monetary Fund

N. International Monetary Fund . 118 119 21

12 24 April 1993 IMF Institute Course on financial programming

F. International Monetary Fund

S. International Monetary Fund

R. International Monetary Fund . 81 83 18

R. International Monetary Fund

(f) International Monetary Fund (IMF)

15. International Monetary Fund

IMF International Monetary Fund

16. International Monetary Fund (IMF)

7. International Monetary Fund . 26 9

(e) The International Monetary Fund

O. International Monetary Fund

12. International Monetary Fund

N. International Monetary Fund . 67 69 16

X. International Monetary Fund . 88 20

X. International Monetary Fund

6. International Monetary Fund . 61 67 14

Agreements with, and access to, the International Monetary Fund and Europe s new bailout fund provide (soft) constraints.

The IMF s False Confession

The IMF s Euro Crisis

Europe in the IMF

Set the IMF Free

Strengthening IMF Surveillance

The IMF and Global Coordination