International Monetary Fund chief Dominique Strauss-Kahn is “confident” that Spain will recover from financial and economic strain in the medium and long run. Strauss-Kahn lauded Spain’s move to liberalize its labor market and called on all Spaniards to support the government’s austerity measures, BBC reports.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.