Greece
Calamos Supports GreeceCalamos Supports Greece

International Monetary Fund

Gov Spox: IMF's Demands for More Measures Unacceptable to Greece

The Greek government will not back down in facing pressure from the International Monetary Fund (IMF) for more measures, government spokesman Dimitris Tzanakopoulos reiterated on Sunday during an interview with the radio station Athina 9.84. "We have made it clear that there...

ESM Proposal for Greek Debt Cut in the Long Term

The European Stability Mechanism proposes three sets of complementary measures to ease the Greek debt in the long term, according to Reuters. Reuters has seen a paper in which the measures are outlined. Under the plan, the average maturity of some...

Varoufakis: U.S. President's Visit to Greece was Meaningless

The U.S. President's visit to Greece was meaningless, said Greece's former finance minister Yanis Varoufakis, commenting on Barack Obama's visit to Athens on Tuesday. The outgoing American president can do absolutely nothing to help Greece, Varoufakis said speaking to BBC....

IMF Links Required Reforms to Greek Debt Easing, New Bailout Program Might be Needed

International Monetary Fund Spokesman Gerry Rice said on Thursday that the issue of Greek debt relief is linked to the implementation of required reforms in Greece. Rice spoke in a press conference saying that the IMF welcomes the euro zone’s...

Katrougalos Says Tax and Pension Issues Ended With the 1st Program Review

Neither the tax issue nor the social security issue can open again because they were part of the first program review," Labor Minister Giorgos Katrougalos on Thursday said in an interview with Praktorio 104.9 FM. "The fact that these two...

Creditors' Technical Teams Arrive in Greece for Second Bailout Program Review

The technical teams of Greece's creditors arrived in Athens today (Monday) ahead of the second review of Greece's bailout program. The European Union mission chiefs will arrive on Wednesday and the International Monetary Fund representatives are due on Friday. The thorny...

IMF Denies Reports That it Would Play Special Advisory Role in Greek Bailout

Gerry Rice, Head of the International Monetary Fund's (IMF) Communication Office, denied a report by Reuters stating that the IMF would hold a special advisory role in Greece's bailout. The report cited two IMF sources pointing to a new...

IMF to Play New Role as Special Advisor in Greek Bailout

The International Monetary Fund (IMF) will most likely not join in the Greek bailout program bearing in mind its disagreement with EU resistance to debt relief. Senior sources within the IMF, however, point to a strong possibility of the fund...

Thomsen Signals IMF's Reluctance to Support Financing for Greece

International Monetary Fund (IMF) European department chief Poul Thomsen said that the fund is unlikely to rejoin Europe in more financing of Greece in the near future. He said that the IMF's EU department would be in Athens soon...

Washington Views Greek Debt as Unsustainable; Lew Calls for Restructuring

U.S. Treasury Secretary Jack Lew called on Greek Finance Minister Euclid Tsakalotos to push through more reforms for Greece's current bailout review. Lew made these comments while Tsakalotos was in Washington on the sidelines of an International Monetary Fund summit. Lew...