IMF
Economy
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...
Economy
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...
Economy
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...
Economy
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...
Economy
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...
Economy
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...
Economy
IMF to Greece: Implement Agreed-Upon Cuts
The necessity of the implementation of cuts already agreed to by the Greek government, including pension cuts and the lowering of the tax-free income threshold, was reiterated by the International Monetary Fund’s spokesperson in Washington.
Gerry Rice said that it...
Economy
IMF on Greece: 3.5 pct Primary Surplus, No Pension Cuts Postponement
The International Monetary Fund (IMF) released its renewed Fiscal Monitor for October.
There, the fund revised Greece’s 2019 growth rate upwards and accepted that it made a mistake regarding the last year's Greek primary surplus.
The IMF had predicted that Greece...
Cyprus
IMF Upgrades Cyprus' Growth Projection
The International Monetary Fund (IMF) has significantly upgraded its projections on the Cypriot economy’s growth for the years of 2018 and 2019 at the World Economic Outlook published this October, expecting a growth rate of 4.0 percent and 4.2...
Economy
IMF Revises Greece's 2019 Growth Rate Upwards
The International Monetary Fund has revised Greece's short-term growth forecasts upward while lowering medium-term forecasts in its October 2018 World Economic Outlook.
The report will be published on Tuesday (today) in light of its annual meeting in Bali, Indonesia this...