Tag: IMF

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IMF’s Lagarde says negotiating ‘in good faith’ with Greece on debt

Panos - Apr 05, 2016

International Monetary Fund Managing Director Christine Lagarde said on Tuesday that her team was continuing to negotiate with Greece “in good faith” over its debt issues. She…

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Weidmann: IMF ‘indispensable’ part of rescue programs

Panos - Apr 05, 2016

The International Monetary Fund is a key part of bailout programs extended to over-indebted eurozone countries, Jens Weidmann, a member of the European Central Bank’s governing council…

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Greece’s intelligence service behind phone-tapping, says Tagesspiegel for Wikileaks

Panos - Apr 04, 2016

The disagreement between IMF and EU was revealed by Wikileaks bringing to light a phone conversation between top two IMF officials, Poul Thomsen and Delia Velculescu, who…

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Provopoulos: “In 2008 the IMF warned that the Greek debt was 800% GDP”

ilias1 - Apr 03, 2016

The former Governor of the Bank of Greece Giorgos Provopoulos revealed that the in May 2008 he the head of the IMF’s mission to Greece at the…

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Greece accuses IMF of stalling bailout review

ilias1 - Mar 27, 2016

“All institutions share the blame, but especially the IMF is to blame for the continued uncertainty prevailing in Greece's economy,” said the country's general secretary for fiscal…

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Request on tax scale causes tension among IMF and gov’t

makis - Mar 18, 2016

A comment made by a source of Greek Finance Ministry attacking IMF for its requirements on tax scale will probably cause a rift between the Greek government…

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Greece resists IMF demands for more pension cuts

ilias1 - Mar 03, 2016

Greece cannot accept demands by the International Monetary Fund, one of its international creditors, to cut pensions further to achieve a primary surplus target in two years,…

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Europe and IMF meet in Brussels to debate solutions for Greece

makis - Mar 02, 2016

Greece will be the main topic on the agenda between the European institutions and IMF at Wednesday’s meeting in Brussels. Reports suggest that Poul Thomsen will also…

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Existing IMF program cancelled paving the way for a new agreement

Panos - Feb 23, 2016

Government sources and the International Monetary Fund itself have confirmed that the program agreed in 2012 has been cancelled at the request of Greek authorities. According to…

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Negotiations with EC, ECB, ESM and IMF resume in Athens

makis - Feb 01, 2016

The heads of the institutions quartet – the European Commission's Declan Costello, the European Central Bank's Rasmus Refer, European Stability Mechanism's Nicola Giammarioli and the International Monetary…

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Institutions expected to return to Athens on Saturday

makis - Jan 29, 2016

The heads of the institutions – the European Commission's Declan Costello, the IMF’s Delia Velculescu, the European Central Bank's Rasmus Refer and ESM's Nicola Giammarioli – are…

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IMF reiterates call for a significant reduction of Greece’s public debt

ilias1 - Jan 23, 2016

The ECB chief is expected to call for the swift conclusion of the bailout review, so that talks on debt relief may begin. The Greek side aims…

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IMF board abolishes exemption for funding countries such as Greece

makis - Jan 21, 2016

The governing board of the International Monetary Fund has decided to abolish an exemption that permitted the funding of member-states even if they did not meet the…

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IMF decision on third Greek bailout could take until second quarter

ilias1 - Jan 17, 2016

t may take the International Monetary Fund until the second quarter to decide on whether to take part in a third bailout for Greece, the lender's chief…

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Lagarde sets conditions for IMF participation in Greek program

makis - Jan 15, 2016

The head of the International Monetary Fund Christine Lagarde estimated that the decision as to whether the IMF will participate in the Greek bailout program may be…