The IMF was created as a result of the Bretton Woods conference and was supposed to become a lender of last resort for countries that ran into financial difficulty.
Author
Felix Moldovan
Felix Moldovan
Felix Moldovan is a member of the Academic Council and former Vice-President of Munich European Forum e.V.
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I believe it to be a wide spread misconception that the European project might be under threat because of the rise of nationalism in certain countries of the European Union (EU).
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The bear is a very deceptive animal. Appearing slow and inoffensive in reality the bear is one of nature’s most vicious predators. Above all its other characteristics, bears can be very dangerous to humans.