Finance & Development – June 2009 (IMF)

The June 2009 issue of the IMF’s quarterly magazine Finance & Development looks at the harsh toll of the crisis on both Europe’s advanced and emerging economies because of the global nature of the shocks that have hit both the financial sector and the real economy, and because of Europe’s strong regional and global trade links. The elections for the European Parliament, which ended June 8, highlighted the diverse points of view among the 27 members of the European Union on some of the big challenges facing Europe.