Meet the Greeks Steering the IMF from Within
In recent years, a number of Greek economists have risen to influential positions within the International Monetary Fund (IMF), taking an active role in shaping global economic policy. At this year's IMF Annual Meetings, which opened on Monday in Washington, several of these officials are presenting the Fund's latest assessments and forecasts for the world economy. Alexandra Fotiou, a member of the IMF's European Department, spoke on Monday at a seminar titled "Fragmented Markets and Growing Fiscal Pressures Are Slowing Europe's Growth." In her remarks, she underscored the need to deepen the European single market and reform the EU budget to promote investments that will drive the continent's long-term growth. Fotiou pointed to regulatory fragmentation, limited financial integration, low labor mobility, and a divided energy market as key obstacles holding Europe back. To address these issues, she said, the IMF supports measures...
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