International Monetary Fund (IMF)
Economy
Schaeuble Not Compromising Debt Relief for Greece, Preparing to Go Ahead Without IMF
Following the continuing position of the International Monetary Fund (IMF) saying that it will only consider being involved in the last bailout for Greece if the deal includes debt relief for the country, the German Finance Minister, Wolfgang Schaeuble...
Economy
Bailout Talks Set to Resume with Growing Rift Between EU and IMF
As the EU and International Monetary Fund (IMF) are still not in agreement about the course of action for securing Greece's finances over the discourse of the next 3 years, the eurozone Finance Ministry officials have scheduled a meeting...
Economy
Min Pappas: 'The German Finance Minister Never Wanted the Greek Program to Succeed'
On Saturday while speaking on Skai TV, Telecoms and Media Minister Nikos Pappas commented that “The German finance minister never wanted the Greek program to succeed.”
While speaking on the news show about the German finance minister, Wolfgang Schaeuble, Minister Pappas...
Greece
German Foreign Min Says Lausanne Treaty Is Unwavering
The Greek newspaper Kathimerini has published an interview with German Foreign Minister Frank-Walter Steinmeier where the foreign envoy told them that the terms of the Treaty of Lausanne, which determine the modern-day borders of Greece and Turkey, are set...
Economy
Gov Source Says IMF’s Harsh Demands Will Not Be Accepted
The government will not accept the harsh measures demanded by the International Monetary Fund (IMF), a government source said on Friday.
“Not just this government, but no government can accept the package of new measures totaling 4.2 billion euros requested...
Economy
Dijsselbloem Urges European Lenders to Be 'Realistic' in Setting Greece's Fiscal Targets
On Monday the president of Eurogroup, Jeroen Dijsselbloem, told eurozone finance ministers that the time for realistic expectations regarding Greece's fiscal targets is on the horizon as he bluntly stated: "We need to be realistic" about setting expectations for the...
Greece
Greek Unions Protest Labor Reforms: 'Do Not Compromise With Poverty!'
On Monday evening the scene outside of the Greek parliament was a familiar one as some 7,000 trade union members gathered to protest in an effort to highlight the government's duty to protecting wages, pensions and to restore collective...
Economy
Min Katrougalos Aims to 'Isolate' IMF's Influence on Pension and Labor
On Thursday Labor and Social Insurance Minister Giorgos Katrougalos said that he seeks to "isolate" the International Monetary Fund (IMF) and its influence on pension and labor issues in Greece.
As Greece is anxiously awaiting release of 2.8 billion euros...
Business
IMF and EU's "constant clash and disagreement" Hurting Greece, PM Tsipras Warns
On Sunday Greece's Prime Minister Alexis Tsipras said that there is a growing rift between the International Monetary Fund (IMF) and the European Union (EU) that is damaging Greece's financial recovery.
"I would say that what is creating conditions of...
Economy
IMF's Delia Velculescu to Return to Athens on Sept. 12
The head of the International Monetary Fund (IMF) mission in Greece, Delia Velculescu, is expected to return to Athens in mid-September, possibly on September 12, IMF spokesman Gerry Rice said during a press briefing on Thursday. He said the...