Greece
Calamos Supports GreeceCalamos Supports Greece

Poul Thomsen

IMF Blog Explains Steps for Management of Sovereign Debt

The International Monetary Fund has explained its position regarding management of sovereign debt, including the Greek debt. In a piece on the management of sovereign debt, Sean Hagan, General Counsel and Director of the Legal Department, Maurice Obstfeld, Economic Counsellor...

IMF: We Will Correct our Projections for Greece if 2016 Figures Show Us too Pessimistic

When we examine the 2016 figures for Greece, we will change our assessment if we find that we were too pessimistic, said Director of the International Monetary Fund European Department, Poul Thomsen. Thomsen spoke to Handelsblatt newspaper defending the...

IMF: Greece Needs 'Painful Reforms' to Return to 'Sustainable Growth'

Greece needs to make "painful political and social reforms" in order to return to "the road of sustainable growth," said the International Monetary Fund Director of European Affairs, Poul Thomsen. The IMF official introduced the IMF report on Greece via...

Two IMF Reports Not Positive for Greece

Board members of the International Monetary Fund on Tuesday received two reports on Greece that are not very positive about the country's economy, a mignatiou.com report says. The reports will be discussed at a special board meeting the first week...

It Will Take 21 Years Until Unemployment in Greece Returns to Normal, IMF Official Says

  Director of the European Department of the International Monetary Fund Poul Thomsen estimates that it will take 21 years until unemployment in Greece reaches pre-crisis levels. The Dutch economist spoke in Washington on Wednesday during the presentation of the book...

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...

IMF-Europe Differences Remain on Greek Debt, says Fund Official

Poul Thomsen, European Department chief of the International Monetary Fund, informed the board that differences with the European institutions on the Greek debt relief issue remain, thereby the Fund cannot participate financially in the bailout program. According to a Real.gr...

IMF Chief: Talks With Greece in 'Good Faith,' But Figures 'Need to Add Up'

International Monetary Fund Managing Director Christine Lagarde said she intends to negotiate "in good faith" with Greece, despite recent acrimonious comments by the Greek side. The comments against the IMF came after the alleged leaks of a conversation between the...

Tsipras Complains to IMF Chief Over Greek Debt Wikileaks

Greek Prime Minister Alexis Tsipras wrote a letter of complaint to International Monetary Fund Managing Director Christine Lagarde over the alleged leaks of a conversation between two of the organization’s senior officials on Greece's bailout. WikiLeaks made public an alleged...

Wikileaks: IMF Threatens to Leave Troika Ahead of Greek 'Disaster'

Wikileaks has revealed a conversation between the two top IMF officials in charge of the Greek debt crisis, Poul Thomsen, head of the IMF’s European department, and Delia Velculescu, IMF mission chief for Greece. The details of the conversation,...