Greece
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Greek program

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...

'Comprehensive Solution' for Greek Program in April, Greek PM Tsipras Says

Greece successfully pushed for the insertion of a special reference to action for fighting unemployment in the final conclusions of the European Council, Prime Minister Alexis Tsipras said in a press conference after the EU summit on Friday. He...

ESM's Regling: Greek Economy did Better than Expected in 2016

The European Union is more optimistic than the International Monetary Fund (IMF) about Greece’s economic performance because the numbers for 2016 were better than expected, Klaus Regling said in an interview with Spanish newspaper “El Pais” on Sunday, adding...

IMF's Lagarde: Greek Debt Doesn't Need a 'Haircut'

The International Monetary Fund's Christine Lagarde, maintains her position that the Greek debt does not need a haircut but instead requires low interest with long maturities. She also reiterated that debt restructuring is a basic requirement for the participation...

German Finance Ministry Rep's Response Arouses Questions on Greece's Program

During a standard briefing of the German government regarding insurance reforms, a representative of the German Finance Ministry responded to a question posed by realfm 97.8 correspondent Pantelis Valassopoulou, arousing serious questions about the agreed reforms that are to...

Der Speigel: IMF Participation in Greek Bailout Probable Near 5 Billion

The IMF will participate in the third package for Greece in the amount of five billion euros, Der Speigel magazine reported on Friday. Initially, in the summer of 2015, it was decided that the amount to be released in...

IMF's Lagarde: Debt Solution Possible, But No Exceptions for Greece

In what seems like another deadlock, Greece, its creditors and the IMF are grappling with the latest review that is keeping them at odds from getting the necessary agreement going in order for Greece to receive its much-needed bailout...

Lagarde Says IMF Tried to be 'Ruthless Truth Teller' On Greece's Latest Audit

IMF chief Christine Lagarde said on Wednesday that the Fund tried to be a "ruthless truth-teller" in its latest audit of Greece's economic policies, confirming its clash with Brussels. Speaking at an event at the Atlantic Council, Ms. Lagarde noted...

Moment of Truth: IMF's Lagarde to Attend Executive Board Meeting on Greece

The International Monetary Fund's Christine Lagarde will be participating today in an executive Board meeting at the organization's headquarters in Washington which is set to begin at 2:30 p.m. (9:30 p.m. Greek time). IMF technocrats are to present the outcome...

No Greek Delays in Implementing Prior Actions, Only 'Challenges'

There is “no significant delay” so far in the implementation of the prior actions that will unlock the sub-tranche of the 2.8 billion euros for Greece, a senior Eurozone official said on Friday. He added, however, that Greek authorities...