Tag: IMF

IMF admits to misjudging economic performance
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FINANCE
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IMF admits to misjudging economic performance

makis - Apr 21, 2017

As the government hailed official figures putting last year’s budget surplus eight times the size of the target set by Greece’s international creditors, a key International Monetary…

IMF to take full control of Greek GDP surplus
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FINANCE
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IMF to take full control of Greek GDP surplus

makis - Apr 17, 2017

The draft of the staff level agreement between Greece and its creditors provides that the IMF will have complete oversight of the Greek GDP surpluses, as protothema.gr…

Tsakalotos: Valletta agreement will lead to solution before summer
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GREECE
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Tsakalotos: Valletta agreement will lead to solution before summer

ilias1 - Apr 07, 2017

The agreement on Greece that was reached in principle in Valletta is certain to yield a result long before the summer, Finance Minister Euclid Tsakalotos said on…

Schauble threatens Greece: No cash without IMF
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Schauble threatens Greece: No cash without IMF

makis - Mar 21, 2017

Athens is feeling the pressure rising after the EuroGroup meeting failed to produce any results, with talks continuing in Brussels between Greece and its lenders. Speaking at…

IMF tough message to Greece-EU: Reforms now, or we are out
GREECE
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GREECE
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IMF tough message to Greece-EU: Reforms now, or we are out

Panos - Feb 24, 2017

Following the harsh positions expressed by IMF officials on the Fund’s blog after the statements made by CEO Christine Lagarde on german TV, which essentially amounted to…

IMF can’t cut special deal for Greece but debt solution possible, says Lagarde
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FINANCE
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IMF can’t cut special deal for Greece but debt solution possible, says Lagarde

makis - Feb 13, 2017

The International Monetary Fund is doing the best it can to agree on bailout loans for Greece but cannot compromise its principles and cut a sweetheart deal…

Tsakalotos: IMF report does not reflect Greece’s real economic situation
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Tsakalotos: IMF report does not reflect Greece’s real economic situation

Panos - Feb 08, 2017

The International Monetary Fund’s (IMF) economic forecasts on Greece do not reflect the actual picture of the country’s economy, Finance Minister Euclid Tsakalotos said in a letter…

IMF says Greece should meet lower fiscal surplus target
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FINANCE
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IMF says Greece should meet lower fiscal surplus target

Panos - Feb 07, 2017

The International Monetary Fund said on Monday that Greece’s economy would only grow by just under 1 percent in the long run given the constraints of its…

Creditors maintain pressure on Athens for reforms as IMF role remains unclear
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FINANCE
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Creditors maintain pressure on Athens for reforms as IMF role remains unclear

makis - Feb 06, 2017

European officials have indicated that they are still waiting for a move from the Greek government in terms of legislating agreed-to reforms, noting that negotiations have essentially…

IMF chief checks rumors, saying Fund aims to stick with Greece
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FINANCE
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IMF chief checks rumors, saying Fund aims to stick with Greece

makis - Jan 20, 2017

In an apparent bid to put a stop to speculation about the International Monetary Fund withdrawing conclusively from Greece’s rescue program, the head of the Fund, Christine…

Germany denies devising Greek rescue plan without IMF
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FINANCE
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Germany denies devising Greek rescue plan without IMF

makis - Jan 18, 2017

Germany expects the International Monetary Fund to participate in Greece's bailout program, a finance ministry spokeswoman said on Wednesday, rejecting a newspaper report that Berlin was preparing…

Schaeuble comments on possible IMF exit spur debate
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GREECE
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Schaeuble comments on possible IMF exit spur debate

Sokratis - Jan 14, 2017

Finance Minister Wolfgang Schaeuble’s suggestion in comments to a German newspaper that the potential withdrawal of the International Monetary Fund could necessitate a renegotiation of Greece’s bailout…

Germany sees no clarity on IMF role in Greek bailout before 2017
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FINANCE
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Germany sees no clarity on IMF role in Greek bailout before 2017

makis - Dec 08, 2016

The International Monetary Fund (IMF) will only decide on its participation in the Greek bailout program once the second review is completed and that is unlikely to…

Cornered government could seek polls
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GREECE
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Cornered government could seek polls

chris1 - Nov 27, 2016

The government’s fear that a compromise between the European Union and the International Monetary Fund to secure the latter’s participation in the Greek bailout program will lead…

Obama insists on need for reforms and ‘meaningful’ debt relief
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GREECE
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Obama insists on need for reforms and ‘meaningful’ debt relief

Sokratis - Nov 13, 2016

Ahead of his two-day visit to Athens that begins Tuesday, US President Barack Obama has stressed the need for “meaningful debt relief” for Greece and expressed Washington’s…

“Athens and the IMF want a clear solution on debt”
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“Athens and the IMF want a clear solution on debt”

makis - Nov 11, 2016

The Minister of Finance Euclid Tsakalotos argued that the Greek government and the International Monetary Fund want a clear solution for the public debt, in a statement…

IMF: “No need for a priori debt relief to participate in Greek program”
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FINANCE
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IMF: “No need for a priori debt relief to participate in Greek program”

makis - Nov 11, 2016

The International Monetery Fund does not require debt relief measures to be applied in advance, in order to participate in the Greek program, argued the spokesperson Gerry…

Schäuble: “The IMF will disburse a tranche to Greece within the year”
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FINANCE
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Schäuble: “The IMF will disburse a tranche to Greece within the year”

makis - Oct 12, 2016

The International Monetary Fund will not only participate in the Greek bailout program, but it will also proceed with the disbursement of a bailout tranche by the…

IMF denies report that it is abandoning Greek program
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FINANCE
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IMF denies report that it is abandoning Greek program

Panos - Oct 10, 2016

The IMF on Sunday afternoon issued a denial of a previous-day Reuters story claiming it was abandoning the Greek program, with the DC-based Fund saying it was…

IMF: Athens won’t meet primary budget surplus targets; spending ‘cutter’ activation predicted
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FINANCE
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IMF: Athens won’t meet primary budget surplus targets; spending ‘cutter’ activation predicted

Panos - Oct 06, 2016

The IMF foresees activation of an automatic spending cuts mechanism in Greece next year, saying the Greek government will not meet primary budget surplus targets, as a…