IMF
Economy
Amid Unrest, Greeks Question EU's Nobel Prize
The awarding of the Nobel Peace Prize to the European Union has stunned many Greeks who have been caught in more than 2 ½ years of protests, strikes and riots against austerity measures they blame European leaders for imposing...
Greece
Schauble: 'No Alternative' to Slashing Debt
Germany's finance minister said Friday there is "no alternative" to cutting debt in European countries, the day after the IMF chief called for Greece to be given more time to pare its deficit.
"There's no alternative to reduce in the...
Economy
Greece Denies Report Small Islands to be Evacuated
The Greek government is denying a report that Minister of Mercantile Marine, Aegean and Island Policy, Kostis Mousouroulis told some 70 representatives of the Greek shipping industry that envoys of the country's international lenders wanted 23 islands with fewer...
Economy
Schaueble: No OSI For Greece, Waiting For Troika
German Finance Minister Wolfgang Schaeuble on Thursday rejected calls for any restructuring of Greek debt held by official creditors and said any question of giving the stricken country more time to meet its budget targets should wait on a...
Economy
Greek Prosectors Doubt Authenticity of Lagarde List
Finance Minister Yiannis Stournaras reportedly is going to ask French officials to deliver the original list of 1,991 Greeks with $1.95 billion in deposits in the Geneva branch of HSBC Bank to check for possible tax evasion after special...
Economy
Samaras Says Merkel Visit a Triumph
Ignoring protests by 50,000 people against the visit of German Chancellor Angela Merkel to meet him in Athens on Oct. 9, Prime Minister Antonis Samaras said it was proof Greece is being welcomed back into the international arena and...
Economy
IMF Sees Greece Missing Debt Targets by 2017
Greece will miss the five-year debt reduction target that underpins the country΄s 130 billion euro bailout, according to forecasts released by one of its main lenders on Tuesday.
According to Reuters, the International Monetary Fund in its fiscal monitor report...
Economy
In Athens, Merkel Sees Progress, But Protesters Don't
While protests raged a few blocks from where she was having quiet talks with Prime Minister Antonis Samaras that she said showed progress in his attempt to impose more austerity measures to help right the economy, German Chancellor Angela...
Economy
Eurogroup: IMF Says Greece Must Do More Before Loan Disbursement
Greece's official creditors failed to make any visible headway Monday in averting the country's looming debt crunch, drawing a diplomatic veil over suggestions of "heated" exchanges at their latest meeting.
International Monetary Fund Managing Director Christine Lagarde and EU officials...
Economy
Schaeuble Says Greece Will Get Loan Installment
As German Chancellor Angela Merkel was set to visit Athens on Oct. 9 to meet Prime Minister Antonis Samaras, German Finance Minister Wolfgang Schäeuble said Greece will get a delayed $38.8 billion loan installment that is the last due...