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  • Regulators Re-Elect Jean Guill, Kurt Pribil And Fernando Restoy To ESMA’s Management Board

    Date 15/02/2012

    The Board of Supervisors of ESMA yesterday re-elected for 30 months three of its Management Board members, namely Jean Guill (Luxembourg), Kurt Pribil (Austria) and Fernando Restoy (Spain).  An election was held for those members of the Management Board whose terms had come to an end. 

  • Statement By IMF Managing Director Christine Lagarde On World Bank President Robert Zoellick

    Date 15/02/2012

    Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today:

    “Bob Zoellick has served the international community—including the membership of the World Bank Group and IMF—with great distinction. Bob will be leaving the Bank with a record of achievement of which he can be very proud. It has been a pleasure working with him both in my capacity as Managing Director and as a finance minister. I wish him the very best in his future endeavors, and look forward to maintaining a close working relationship with the Bank once a successor is chosen.”

  • Statement By The President Of The Eurogroup - Greece

    Date 15/02/2012

    As announced yesterday, I convened the Eurogroup to a conference call today inorder to discuss the outstanding issues regarding the second adjustment programme for Greece. Substantial further progress has been made since yesterday. First, wereceived the strong assurances provided by the leaders of the two coalition parties inGreece's government. Second, the Troika finalized and presented its analysis on the sustainability of Greece's public debt. Third, further technical work between Greeceand the Troika has led to the identification of the required additional consolidation measures of € 325 million and the establishment of a detailed list of prior actions together   with   a   timeline   for   their   implementation. Further considerations  are necessary regarding the specific mechanisms to strengthen the surveillance of programme implementation and to ensure that priority is given to debt servicing. This will strengthen debt sustainability further. On the basis of the elements that are currently on the table and the above-mentioned additional input, I am confident that the Eurogroup  will  be  able  to  take  all  the  necessary decisions  on  Monday 20 February.

  • World Bank President Zoellick To Step Down June 30th

    Date 15/02/2012

    World Bank Group President Robert B. Zoellick announced today he would step down at the end of a five-year term in which a transformed Bank played an historic role during the global economic crisis, using record replenishments to provide more than $247 billion to help developing countries boost growth and overcome poverty.

  • Paranapanema Debuts On The Novo Mercado Of BM&FBOVESPA

    Date 15/02/2012

    The participation of individual investors (including investment clubs) on BM&FBOVESPA in January was 21.01% while foreign investors had the leading share of investment in equities at 37.35%.