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Imf News

Ukraine's Russia debt threatens IMF rescue

Washington - A default by Ukraine on $3 billion in debt to Russia this year could threaten the International Monetary Fund's lifeline to the embattled country, an IMF spokesman said.

Op-Ed: IMF officials claim Greek government very unhelpful

Athens - Officials from the IMF, the European Central Bank, and the European Commission, complained in a conference-call Tuesday that Greek officials are not adhering to the conditions of the bailout extension deal or cooperating with creditors.

Greek finance minister says some election vows can be put off

Atenas - Greece's combative finance minister has indicated that Athens' new radical left government is prepared to put some of its campaign promises on hold while it seeks to build confidence among its creditors.

Ukraine receives first $5 bn tranche of IMF loan

Kiev - Ukraine on Friday received the first $5 billion tranche of the International Monetary Fund's bailout for its troubled economy, the finance ministry said.

Op-Ed: Greece's reform list accepted by Eurogroup but with reservations

Brussels - The Greek Finance Minister Yanis Varoufakis sent a letter to Eurogroup President Jeroen Dijsselbloem just before the deadline of midnight Monday that outlines proposed reforms that Greece was willing to undertake to receive bailout funds.

IMF reduces global growth projection for 2015

Washington - The International Monetary Fund(IMF) reduced its projected global growth number for next year to 3.8 percent from 4 percent in July. The downgrade resulted from continued economic weakness in the Eurozone and a slowdown in several emerging markets.

IMF fast-tracks $130 mn for Ebola fight in West Africa

Washington - The International Monetary Fund fast-tracked $130 million in aid Friday to fight the Ebola epidemic in the worst-hit countries in West Africa.

Op-Ed: Ukraine and IMF loans

Kiev - Back in April of this year after the February uprising against president Yanukovych in the Ukraine, the IMF approved a loan of $17 billion to the new Ukrainian government.

IMF chief charged with 'negligence' over graft case

Paris - IMF chief Christine Lagarde, one of the world's most powerful women, announced Wednesday she had been charged with "negligence" over a multi-million-euro graft case relating to her time as French finance minister.

BRIC nations set up their own development bank

Leaders of emerging powers Brazil, Russia, India and China (BRIC) and South Africa held talks in Brasilia Brazil with leaders of Argentina, Chile, Colombia, Ecuador, Venezuela and other Latin American countries.

Op-Ed: El Sisi follows through on demands of the IMF in Egypt

Cairo - More than a week after President El-Sisi slashed fuel subsidies by up to 80 per cent there have been virtually no street protests, violence, or massive strikes although there has been much grumbling.

IMF's Lagarde: 'I am not candidate' for European chief

London - IMF managing director Christine Lagarde said Friday she was "not a candidate" to become head of the European Commission."On this EU thing, I am not a candidate.

Op-Ed: IMF chief Lagarde presses Arab countries to phase out subsidies

Amman - International Monetary Fund(IMF) head, Christine Lagarde, pressed Arab countries to cut subsidies. She was speaking at a conference sponsored by the IMF in Amman the capital of Jordan.

China could become the world's top economic power in late 2014

A study by the International Comparison Program (ICP) carried out on behalf of the World Bank published on April 30, 2014, notes that China could overtake the U.S. and become the leading economic power in the world later this year.

Review: Captain America vs the New World Order Special

If you can't say it in non-fiction, say it in a movie. "Captain America: the Winter Soldier," a fictional (?) movie puts the blame for America's greatest catastrophes of the last 70 years square on the back of a secret U.S. government agency.

IMF says 'herdlike' capital means countries must reform

Washington - Increasingly fickle capital flows mean that countries have to implement domestic reforms to protect their stability, the International Monetary Fund's powerful advisory board said Saturday.

IMF no longer forces 'structural adjustment': Lagarde

Washington - The International Monetary Fund has changed and no longer imposes tough "structural adjustment" programs as it did in poor countries two decades ago, IMF chief Christine Lagarde said Saturday.

IMF: 'herdlike' behavior driving global capital flows

Washington - Global capital flows are increasingly "herdlike" and volatile, making it harder for emerging economies to lock down capital, the International Monetary Fund said Saturday.

ECB's Draghi: the strong euro could require policy action

Washington - European Central Bank chief Mario Draghi said Saturday that the bank may need to take action to stem the rising euro."The strengthening of the exchange rate would require monetary stimulus" as long as interest rates are already extremely low, he said.

World finance chiefs fall short on growth plan

Washington - Leading economic policymakers meeting in Washington voiced concern the Ukraine crisis could hurt the world economy, but fell short of taking concrete action to strengthen growth amid signs of discord.

IMF, World Bank push for price on carbon

Washington - The IMF and World Bank on Friday urged finance ministers to impose a price on carbon, warning that time was running out for the planet to avoid worst-case climate change.

G20 urges U.S. to ratify IMF reforms by year-end

Washington - The G20 pressed the United States Friday to ratify crucial IMF reforms after four years of waiting, suggesting they would find an alternative if Washington does not deliver by year-end.

G20 says monitoring economic situation in Ukraine: draft

Washington - Group of 20 finance ministers and central bank chiefs meeting in Washington on Friday said they were alert to economic risks from the Ukraine crisis, according to a draft statement.

G20 says monitoring economic situation in Ukraine: draft

Washington - Group of 20 finance ministers and central bank chiefs said they were alert to risks to the global economy from the Ukraine crisis in a draft statement at talks in Washington Friday.

Merkel a 'believer' in Greece after tough reforms

Athens - German Chancellor Angela Merkel on Friday said she "firmly believed" there was untapped potential in Greece after years of tough austerity reforms that culminated in a bond comeback this week.

Ukraine worries cloud IMF/World Bank meetings

Washington - The United States delivered a stern warning to Russia at the World Bank/IMF meetings in Washington amid worries that a spiralling Ukraine crisis could hurt the world economy.

IMF's Lagarde: 'bold action needed' for global economy

Washington - The global economy has picked up but bold action is needed to surmount serious dangers and deliver the benefits more evenly, International Monetary Fund managing Director Christine Lagarde said Thursday.

IMF chief says Ukraine bailout won't fail

Washington - IMF chief Christine Lagarde voiced confidence Thursday that Ukraine would meet conditions of a bailout and stabilize its economy, which is reeling after Russia's takeover of Crimea.

Greece set for milestone return to bond markets

Athens - Greece was set on Thursday for a milestone return to bond markets with a five-year debt sale which also sends a major signal that the eurozone debt crisis is fading.

Booby-trapped car explodes outside Bank of Greece

Athens - A booby-trapped car exploded outside the Bank of Greece in central Athens Thursday but no one was injured in the blast, police said, as Greece was set to return to the debt markets after a four-year absence.
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Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
IMF
Former International Monetary Fund Managing Director  Dominique Strauss-Kahn  at a press conference
Former International Monetary Fund Managing Director, Dominique Strauss-Kahn, at a press conference
International Monetary Fund
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
ROAR Mag
Aid was promised  but where is the money?

At the end of February of this year the EU leaders in rep...
Aid was promised, but where is the money? At the end of February of this year the EU leaders in reply to changing of State power in Ukraine promised to give financial help, aimed at financial system stabilization and different investment projects realization directed on development of the country economy. Then Elmar Brok, chairman of the EP Committee on Foreign Affairs announced a sum in 20 billion Euros, which will be received by Ukraine for the reform implementation as soon as a new governme
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
YouTube
The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Uk...
The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Ukraine was one of the topical at the G-20 summit in Sydney. Ukrainian issue stirred up all international politicians. Such a potential grantors of Ukraine as the EU, the USA and the IMF expressed willingness to help Ukraine. The EU proposes to organize a conference of grantors for financial aid to Ukraine and to coordinate measures in order to lend economic aid to Ukraine from the USA, Japan, China
The global community is ready to grant a financial aid to Ukraine
The former IMF chief  Dominique Strauss Kahn
The former IMF chief, Dominique Strauss Kahn
bixintx
Christine Lagarde
Christine Lagarde.
MEDEF
Former IMF Managing Director Dominique Strauss-Kahn
Former IMF Managing Director Dominique Strauss-Kahn
International Monetary Fund