Poul Thomsen

The International Monetary Fund (IMF) is considering to present Greece with a "Cyprus-like" severe bailout plan proposal, according to a Financial Times report. With Greece having difficulty meeting its domestic obligations in public sector salaries and pensions, it is very unlikely...

European Commission officials deny disagreements with the International Monetary Fund over the Greek debt and claim the disagreements are between the creditors and Greece. This unofficial statement came after the Greek government announced on Tuesday that the EC and the...

Greece faces losing vital International Monetary Fund support unless European lenders write off significant amounts of its sovereign debt, the fund has warned Athens’ eurozone creditors, according to a Financial Times report published on Monday. The warning, delivered to eurozone...

Negotiations with Greece are speeding up but there is still a long way before an agreement, said Poul Thomsen, Director of the European Department of the International Monetary Fund (IMF). Thomsen said that Greece will probably run out of money...

The new Greek government has not formally approached the International Monetary Fund (IMF) to table its proposals, according to the organization's spokesperson, Gerry Rice. Rice said there is no official dialogue between the Greek government and IMF. “Therefore, we can neither assess the...

Former International Monetary Fund (IMF) European Department Director until 2014 and supervisor of Poul Thomsen, Reza Moghadam, requested the write-off of half of Greece's debt. In a letter to The Financial Times on January 26, the current Vice Chairman...

According to the head of the IMF’s European Department, Poul Thomsen, the precautionary programs proposed by the IMF for Greece will ensure the country’s smooth return to markets and ease ongoing financial assessments. The program is expected to form...

The International Monetary Fund, one of Greece 's Troika of international lenders, said in a report released June 10 that the government has made "significant progress" in fixing a broken economy but that it will take years to bring...

A sudden and unexplained shut down of the Greek Parliament for two weeks on June 4 was for "procedural reasons," the government said officially, but it came just a day ahead of what's expected to be a critical report...

The International Monetary Fund (IMF) approved the disbursement of a €3.41 billion installment of Greece’s bailout package on Thursday, ending six months of protracted negotiations. During its meeting, the IMF board reviewed the latest report submitted by the head of its...