International Monetary Fund

A Greek exit from the euro zone would be an "extremely dangerous" move for the country and a danger for the rest of Europe as well, European Central Bank policymaker Ewald Nowotny said, according to Reuters. Nine days away from...

The Greek government's projections regarding the budget surplus for 2014 fell far short, the country's Finance Ministry announced earlier today, citing lower tax revenue and a stalled bailout review that prevented the disbursement of funds, according to Reuters. As the...

Greece will face a 7-billion-euro funding gap in March if SYRIZA comes to power and clashes with the country's international creditors who will stop the 7.2-billion-euro installment of the current bailout program, said a report of Greek newspaper "Proto Thema." In March,...

SYRIZA will need EU/IMF approval to use Treasury bills to cover Greece's funding needs, if the leftist party comes to power, the Ministry of Finance said on Monday. This comes as an answer to Alexis Tsipras, the party leader, who...

A Troika technical delegation is expected to return to Cyprus on January 27 in order to conduct the sixth review of the financial assistance program. According to information emerging from the International Monetary Fund (IMF) and have been confirmed by...

Democratic Socialists Movement leader and former Prime Minister of Greece George Papandreou, during an interview to Athens-Macedonian News Agency on Saturday, referred to everything and everyone and shed light to a number of questions and speculations regarding his actions and policy when...

Moody's ratings agency estimates that the January 25 snap elections in Greece, which create political uncertainty, will have a negative effect on Greek banks. "The political uncertainty regarding the Greek government and the consequent resurgence of rumors about a possible...

The Eurozone currency hovers near a 30-month low against the US Dollar today due to the uncertainty spread in the union by the developments in the Greek political scene. The Greek Parliament yesterday failed for a third consecutive ballot...

The decision of the International Monetary Fund (IMF) to suspend the provision of financial assistance to Greece until a new government is formed, after the general elections of January 25, was revealed by the Fund's Director of the Communications...

In the turmoil of the second unsuccessful ballot for the election of the new President of the Hellenic Republic, international media have yet again turned their eyes to the Greek Parliament. The numbers simply do not add up, they estimate,...