International Monetary Fund (IMF)

The German Press stresses that Greeks are facing "poor" Christmas holidays, noting that the Greek Prime Minister Alexis Tsipras has voted for another round of austerity. "Tagesspiegel" newspaper states that many Greeks see Tsipras as a traitor since he had...

International Monetary Fund (IMF) spokesperson Gerry Rice claimed during a news brief on Thursday, that the IMF is working with Greece's European creditors' to access the 86 billion euro bailout's development, Reuters reports. “We are working with our European partners to...

International Monetary Fund (IMF) Managing Director Christine Lagarde stressed out that there is an urgent need for cash-strapped Greece’s unsustainable debt burden to be reconstructed. In an interview with Swiss French-language daily newspaper "Le Temps" on Saturday, Lagarde implied that the International Monetary Fund is...

Greece's parliament approved a second set of austerity measures into laws on Thursday; a requirement for the country to receive a bailout deal by its creditors. Greece moved closer to seal a new bailout deal, the third one, with the European Central...

An article published on Friday by the British financial magazine “The Economist” exercises harsh critic on the representatives of Greece’s creditors, comparing the troika to the mythical three-headed hellhound Cerberus. “In Greek mythology, Cerberus is the three-headed dog guarding the...

The latest financial report published by the German Federal Bank, “Bundesbank” argues that countries on the verge of bankruptcy should ensure the necessary funding for the survival of their state, firstly from the wealth of their citizens and afterwards...

The situation and prospects of global economy, the emerging markets; the stalemate in the U.S.; debt crisis in the Eurozone (especially in Greece), as well as the balance of power in decision making for the global economy, were the...

The data of the International Monetary Fund – IMF indicate that Greece's financial situation is worse than anticipated, and the inability to achieve its own targets concerns the IMF who is pushing in the direction of Greek debt relief. Based...

The restructuring of the Greek debt is not part of the solution but rather part of Greece’s problem, Holger Schmieding, German economist and the current Chief Economist at Berenberg Bank argues, criticizing the conclusion drawn by the International Monetary...