International Monetary Fund
Diplomacy
Greek Premier Announces Closure of IMF Office in Athens
Greek Prime Minister Kyriakos Mitsotakis announced the closure of the IMF office in Athens after meeting Kristalina Georgieva, the Managing Director of the Fund, in Washington on Tuesday.
Mitsotakis thanked Georgieva for her support of Greece and acknowledged that the...
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 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...
Greece
IMF's Lagarde: Implementation of Program, Debt Relief Essential for Greece
The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, met Monday in Washington with the Prime Minister of Greece, Alexis Tsipras, to discuss recent developments in Greece and key issues ahead.
The decisive implementation of Greece's adjustment program...
Economy
IMF Executive Board Meeting on Greece: Full Statement and Recap
Here's the full statement of the IMF board after an important meeting where the future of Greece's economy and measure implementation was discussed. Read the full statement:
On February 6, 2017, the Executive Board of the International Monetary Fund (IMF) concluded...
Economy
ESM Chief: Greece Is Special Case, 4th Bailout Might be Needed
European Stability Mechanism President Klaus Regling said on Wednesday, that Greece is a special case and this is the reason it is still in a rescue program, while he warned that a fourth bailout might be needed.
Regling addressed a...
Economy
Two Years of SYRIZA Administration for Greece Means Two Years of Stagnation
As Alexis Tsipras and his administration celebrate two years in power today, one wonders where Greece would have been if it wasn't for these two years of procrastination, austerity and deepening recession. And shameless lies, too many to list.
On...
Economy
IMF Says Not Demanding New Austerities at This Time for Greece
According to International Monetary Fund (IMF) officials, IMF chief economist Maurice Obstfeld and European Department Director Poul Thomsen, the financial institution is not demanding more austerities from Greece. The IMF has taken to its blog in order to defend...
Economy
Greek Government Celebrates Pyrrhic Victory
Listening to the news on the state-run television stations after Monday's Eurogroup, one would think that the Greek debt is reduced to the point that the country is one step away from economic recovery.
That is if one is not...
Economy
Eurogroup: Greek Review Not Finalized, Short-Term Debt Relief Measures Decided
The meeting of euro zone finance ministers was concluded on Monday night without reaching an agreement on Greece's bailout program review; short term debt relief measures were decided. However, there was no decision yet on the participation of the...