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IMF

Next ECB President Lagarde In Favor of Reducing Greece's Primary Surplus Targets

Christine Lagarde, the current Chairman of the International Monetary Fund (IMF) and the next President of the European Central Bank (ECB) suggested on Wednesday that Greece's commitment to a primary surplus target of 3.5 percent of GDP should be...

IMF Charges Tsipras' Relief Measures Are Moving in the Wrong Direction

Peter Dolman, the chief of the IMF delegation in Greece, said on Thursday that Greek Premier Tsipras' announced relief measures ''are moving in the wrong direction.'' Speaking at the third International Conference of the Economic Chamber of Greece, Dolman noted...

EuroWorking Group Approves Greece's Request for Early Repayment of IMF Loans

  According to Greece's state-run AMNA news agency, the EuroWorking group finally gave the green light on Thursday to Greece to repay part of its IMF loans early. Today's meeting of the Eurozone countries in the EuroWorking group approved the Greek...

Greece Formally Requests Early Repayment of Expensive IMF Loans

The Greek Finance Ministry sent to the European Stability Mechanism (ESM) on Monday evening the government's proposal for the repayment of part of the loans Greece has received from the International Monetary Fund (IMF). There has not yet been an...

Greece Set to Strike Deal to Repay IMF Early

Greece is looking to strike a deal this weekend to repay early about half of the loans it received from the International Monetary Fund, a senior official said on Friday. "The IMF repayment will be agreed on this weekend," the...

Greek Bond Rally Continues, 10-Year Yield At Lowest Level Since 2005

Thursday brought some good news for the Greek economy as the country's government bond yields continued their downward trend, reaching the lowest levels seen in more than thirteen years. More specifically, Greece's 10-year bond yield reached 3.36 percent, which is...

Greece Planning Early Repayment of "Expensive" IMF Loans

Greece's Finance Minister Euclid Tsakalotos on Tuesday confirmed that Greece is planning an early repayment of loans it received from the International Monetary Fund (IMF). Speaking to "Radio Thessaloniki 94.5," Tsakalotos noted that the IMF loans are "very expensive debt." He pointed...

Germany Opposes Greek Plans to Repay IMF Loans Early, Report Says

The German Finance Ministry is believed to be opposed to Greece's plans to repay the country's loans to the IMF earlier than stipulated, the German paper Handelsblatt reported on Friday. The Greek Finance Ministry is planning to repay a sum of €3.8...

IMF Hails Greece's Recovery But Warns Risks Still Remain

The International Monetary Fund (IMF) published its first "Post-Program Monitoring Report" on Greece's economy on Tuesday, after the country's exit from the last bailout program in August, 2018. The report lauds Greece's progress regarding its economy, noting that ''the economic recovery...

IMF: Greek Economy To Grow By 2.4 % In 2019

The International Monetary Fund (IMF) released its Regional Economic Outlook for Europe report on Thursday, making a more positive forecast regarding the prospects of the Greek economy than the European Commission in its Autumn Forecast report, released the same...