IMF
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...
Economy
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...
Economy
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...
Cyprus
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;...
Economy
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...
Economy
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...
Economy
Eurozone Eyeing 'Credible' Greece Debt Relief, Says Centeno
Eurozone lenders will put together a debt-relief deal for Greece that will be credible to markets and involve a rescheduling of loans from the second Greek bailout, said Mario Centeno, chairman of the eurozone finance ministers' group, according to...
Economy
IMF, Eurozone Seek Last-Minute Deal on Greek Debt
Greece's eurozone creditors and the International Monetary Fund are trying to find a last-minute solution to the country's debt mountain so that the IMF contributes financially to the third bailout program.
The Greek rescue program ends on Aug. 20 and...
Economy
Creditors Fail to Reach Deal on Greek Debt Relief
The Washington Group that convened on Thursday in Brussels failed to reach an agreement on the Greek debt relief issue and will be meeting again during the G7 summit in Canada, in early June.
According to a Bloomberg report, the...