Greece
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IMF

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...

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...

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...

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...

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...

Creditors Begin the First Post-Bailout Audits in Greece

Representatives of Greece's international creditors -- the European Union and the International Monetary Fund -- arrived in Athens on Monday for the scheduled audits of the Greek economy in the post-bailout era. The technical teams of the European Commission, the...

IMF Report Damps Optimism Over Greece's Growth Prospects

The International Monetary Fund (IMF) has dampened optimism over the medium- to long-term prospects for the Greek economy as the country prepares to complete its third bailout in three weeks time. According to the Fund's debt sustainability analysis which was...

OPINION: Bankers and Gangsters

The Jordanian people took to the streets for three days and nights in protest against a new austerity tax bill forcing Prime Minister Hani Mulki to quit. They could no longer cope with the rising consumer prices and falling salaries;...

IMF Still Undecided Over Future Role in Greece

The International Monetary Fund may still participate in the Greek program and this will become clear on June 21, when there is a Eurogroup meeting, said International Monetary Fund Managing Director Christine Lagarde on Monday. Speaking to reporters after meeting...

IMF Likely to Assume 'Advisory' Role After Greek Bailout Ends

Nobody is discussing the possibility of extending the Greek programme after Aug. 20, Greece's representative at the IMF Michalis Psalidopoulos has said. Speaking to the Athens-Macedonian News Agency (AMNA) he also estimated that the IMF will probably assume the role...