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Global recovery at risk from banks' 'wall of debt', IMF warns
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http://www.telegraph.co.uk/finance/economics/8449036/Global-...
Submitted by sarahmartin 13 months, 2 weeks, 5 days, 23 hours ago
The "most pressing" challenge facing the global recovery is funding banks and governments, according to the International Monetary Fund (IMF), which warned that a major hurdle was looming. The world's banks face a $3.6 trillion (£2.2 trillion) "wall of maturing debt" in the next two years alone, but must compete against governments to secure new financing, the fund said.
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