G7 to Impose Tax on Multinational Corporations in Historic Agreement
The G7 agreed to impose a global minimum corporate tax rate of at least 15% on multinational corporations, like Facebook, Google and Amazon.
Moscovici, Sapin See Solution for Greece's Debt Before May Eurogroup
The ball is now in the court of Greece's European partners, who have to keep their side of the bargain regarding debt relief, French Finance Minister Michel Sapin said on Friday, in a statement from the G7 Finance Ministers'...
'Strong Push' for Comprehensive Deal by May 22 From G7, Say Eurozone Sources
Discussions on Greece on the sidelines of a G7 finance ministers' meeting and central bankers in the Italian city of Bari on Friday concluded with a decision to give a “strong push” for a comprehensive agreement by May 22,...
IMF: Europe Still Not Clear About Greek Debt Issue
International Monetary Fund chief Christine Lagarde said there is still distance to be covered on the Greek debt issue while German Finance Minister Wolfgang Schaeuble said Europe sticks to the May 2016 agreement between Greece and creditors. The two officials...
IMF Wants Deal on Debt Before Entering Greek Program, Says Spox
The International Monetary Fund (IMF) will not participate in the funding of Greece’s bailout program if there’s no “reliable strategy for the sustainability” of the country’s debt, the fund’s spokesman William Murray said on Thursday, during a regular press...
Greek Crisis Among Issues to be Discussed by G7
The ongoing economic crisis in Greece will be part of the discussions at the G7 summit to be held May 11-13 in Bari, Italy, according to the Athens News Agency. ANA cites a U.S. Treasury official who said that there...
Christine Lagarde: Greece Made Progress in Reforms, Still Lots of Work Remains to be Done
Greece has made progress in the reforms, but lots of work remains to be done, IMF chief Christine Lagarde said on Friday on the sidelines of the G7 summit held in Japan. She said that the IMF will draft its...
Obama: Greek Debt Crisis Has Eased but More Work Still Needed
U.S. President Barack Obama said that the Greek debt crisis has "eased" during his meeting with reporters on the sidelines of the G7 summit in Shima, central Japan. "The fact that the Greek debt crisis has been resolved for...
Greek Debt to be Discussed at G7 Summit in Japan
The Greek debt will be discussed during the G7 Summit in Japan, as the differences between European creditors and the International Monetary Fund remain. The IMF insists that there should be a generous relief on the Greek debt so it...
U.S. Treasurer Jack Lew Repeats Calls for Greek Debt Relief
U.S. Treasury Secretary Jack Lew reiterated the position of the United States on easing the Greek debt burden on Friday, a week before the G7 meeting at Sendai, northeast of Tokyo, Japan, on May 18-20. Lew maintained that demands of...
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