IMF Sees 20% of Corporate Debt Unsustainable in Parts of Europe

IMF Sees 20% of Corporate Debt Unsustainable in Parts of Europe

Tomohiro Ohsumi/Bloomberg

With the Bank of Japan’s decision earlier this month to embark on record easing, the world’s four biggest developed-market monetary authorities -- the BOJ, the U.S. Federal Reserve, the European Central Bank and the Bank of England -- are aligned in their commitments to spur growth and return their economies to full strength.