Dominion Lending Centres Clearlease Reports IMF official urges stronger EU response to debt crisis
VANCOUVER, BC (May 20, 2011) Clearlease Reports Euro zone policymakers must produce a more comprehensive sweep of measures to tackle the bloc’s debt crisis decisively, stumping up more money to keep countries afloat, a top IMF official said on Friday.
Continued European Central Bank liquidity support for countries with banking sector problems was also critical, Ajai Chopra, the head of the International Monetary Fund mission to Ireland, said.
“A key element of a comprehensive European solution is a stronger area-wide crisis management framework. The priority here is to put into effect quickly an EFSF (euro zone rescue fund) upgrade that can deal more flexibly with the crisis we face today,” he told a news conference.
“The magnitude and terms of the financing need to be such that private creditors are convinced that the debt burden will be sustainable even in adverse scenarios and hence debt restructuring is off the table,” he said.
All euro zone countries needed to accelerate “repair and reform” of their financial sectors, Chopra said.
“Stress tests need to be followed, where appropriate, with bank recapitalization and in some cases banks may need to be restructured or closed down,” he said.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BC (May 20, 2011) Clearlease Reports Euro zone policymakers must produce a more comprehensive sweep of measures to tackle the bloc’s debt crisis decisively, stumping up more money to keep countries afloat, a top IMF official said on Friday.
Continued European Central Bank liquidity support for countries with banking sector problems was also critical, Ajai Chopra, the head of the International Monetary Fund mission to Ireland, said.
“A key element of a comprehensive European solution is a stronger area-wide crisis management framework. The priority here is to put into effect quickly an EFSF (euro zone rescue fund) upgrade that can deal more flexibly with the crisis we face today,” he told a news conference.
“The magnitude and terms of the financing need to be such that private creditors are convinced that the debt burden will be sustainable even in adverse scenarios and hence debt restructuring is off the table,” he said.
All euro zone countries needed to accelerate “repair and reform” of their financial sectors, Chopra said.
“Stress tests need to be followed, where appropriate, with bank recapitalization and in some cases banks may need to be restructured or closed down,” he said.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports IMF official urges stronger EU response to debt crisis
VANCOUVER, BC (May 20, 2011) Clearlease Reports Euro zone policymakers must produce a more comprehensive sweep of measures to tackle the bloc’s debt crisis decisively, stumping up more money to keep countries afloat, a top IMF official said on Friday.
Continued European Central Bank liquidity support for countries with banking sector problems was also critical, Ajai Chopra, the head of the International Monetary Fund mission to Ireland, said.
“A key element of a comprehensive European solution is a stronger area-wide crisis management framework. The priority here is to put into effect quickly an EFSF (euro zone rescue fund) upgrade that can deal more flexibly with the crisis we face today,” he told a news conference.
“The magnitude and terms of the financing need to be such that private creditors are convinced that the debt burden will be sustainable even in adverse scenarios and hence debt restructuring is off the table,” he said.
All euro zone countries needed to accelerate “repair and reform” of their financial sectors, Chopra said.
“Stress tests need to be followed, where appropriate, with bank recapitalization and in some cases banks may need to be restructured or closed down,” he said.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk