IMF
Economy
IMF Chief: Primary Surpluses of 3.5% for 10 Years Not Feasible for Greece
Primary surpluses of 3.5% over the next ten years are not feasible or achievable, and this is well known, International Monetary Fund Managing Director Christine Lagarde said on Wednesday.
Lagarde spoke during an event in light of the IMF Spring...
Economy
IMF Forecast: Greece's Primary Surplus Will be Under 3.5% Goal
According to assessments made by the IMF, Greece will not achieve the financial targets set by European partners for 2018 and won't be able to until at least until 2022. Specifically, the Fund foresees that the debt-riddled country will...
Economy
U.S. Treasury Is Not Against IMF Participation in Greece's Bailout Program
The U.S. administration is not opposing the International Monetary Fund's financial participation in Greece's rescue program, said U.S. Treasury Secretary Steven Mnuchin on Tuesday.
Speaking to the Financial Times, the U.S. Treasury Secretary answered to speculations that the Donald Trump...
Economy
IMF Report: Greek Economy to Grow 2.2% in 2017 and 2.7% in 2018
Economic growth in Greece will reach 2.2 percent in 2017 and increase to 2.7 percent in 2018, the International Monetary Fund said in its World Economic Outlook report, presented on Tuesday by the Fund’s chief economist Maurice Obstfeld. However,...
Economy
All Eyes Turned to Washington for World Bank Group and IMF Spring Meetings
Finance Minister Euclid Tsakalotos and Alternate Finance Minister George Chouliarakis on Thursday will depart for Washington where the 2017 spring meetings of the World Bank Group and the International Monetary Fund will take place. The Greek ministers hope that...
Greece
IMF Chief: Greek Debt Must be Sustainable for the Fund to Participate in Bailout
The Greek debt must be sustainable in order for the International Monetary Fund to participate financially in the third bailout program, said IMF Managing Director Christine Lagarde.
In an interview with the Leading European Newspaper Association, the IMF chief explained...
Economy
How the Greek Crisis is Profitable for the International Monetary Fund
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Does the IMF have an incentive to keep Greece in crisis to protect its own financial survival and continue to milk the Greek cow?
Economy
US Government ‘Open’ to IMF’s Participation in Greek Bailout
Washington will keep an “open mind” regarding the participation of the International Monetary Fund (IMF) in the Greek bailout programme, a senior US Treasury official said.
The US, the largest shareholder in the IMF, will likely not rule out new...
Economy
Greek PM: 'We are Under Pressure, but also have Political Momentum'
Greece's Prime Minister Alexis Tsipras on Thursday addressed his cabinet saying that the agreement with creditors is "defendable" and that the International Monetary Fund "did not succeed in fully meeting any of its targets."
Tsipras said that the IMF had...
Economy
Creditors to Return to Greece after April 23 to Resume Talks
Creditors' teams will return to Athens to resume talks on the bailout program review after April 23, according to a Real.gr report.
The report cites an anonymous government source who said that the quartet of international creditors will return after...