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Imf News

Athens rubbish piles up as Greeks protest contracts

Atenas - Mounds of rubbish festered in soaring temperatures in Athens on Thursday as thousands demonstrated in support of refuse collectors demanding the renewal of their contracts.

Bailout deal thrusts burden back on Greece say analysts

Atenas - As Greece's government Friday welcomed a long-delayed bailout agreement, analysts warned the deal throws responsibility back on the struggling country to pull itself out of crisis.

IMF takes 'unusual' steps for Greece

Washington - By promising Thursday to approve a new aid plan for Greece, but without releasing any money, the IMF has again departed from its usual procedures to support Athens, exposing itself to accusations of giving the country special treatment.

IMF's Greek compromise could break impasse on aid deal

Washington - The IMF's proposed compromise on Greece raises hopes it will break a deadlock with Europe next week and open the way for the release of desperately needed funds for Athens, averting a renewed crisis in July.

IMF urges Cyprus to reduce bad loans, push reforms

Nicosia - The International Monetary Fund on Thursday praised Cyprus for making progress since it exited a bailout regime but called on it to reduce bad loans and to press ahead with reforms.

IMF: Greece compromise could avoid July crisis

Washington - A compromise the IMF offered to break the deadlock with Europe over financing for Greece could avoid a renewed crisis in the country in July, a fund spokesman said Thursday.

Greece says 'confident' of 'good solution' in June on debt

Atenas - Greece's finance minister Euclid Tsakalotos on Monday said he was "confident" that an upcoming eurozone meeting would reach a "good solution" on debt relief, whilst calling on creditors to end their "procrastination"."We're looking for a good solution....

Greece says 'confident' of 'good solution' in June on debt

Atenas - Greece's finance minister Euclid Tsakalotos on Monday said he was "confident" that an upcoming eurozone meeting would reach a "good solution" on debt relief, whilst calling on creditors to end their "procrastination"."We're looking for a good solution....

Greece says 'confident' of 'good solution' in June on debt

Atenas - Greece's finance minister Euclid Tsakalotos on Monday said he was "confident" that an upcoming eurozone meeting would reach a "good solution" on debt relief, whilst calling on creditors to end their "procrastination"."We're looking for a good solution....

Greek police fire tear gas as anti-austerity protest turns violent

Atenas - Greek police fired tear gas Thursday as a thousands-strong demonstration in Athens against new austerity cuts turned violent with some hooded youths throwing Molotov cocktails.

Ukraine shelves corruption bill angering West

Kiev - Ukrainian lawmakers bowed Wednesday to International Monetary Fund pressure and shelved a highly-controversial bill that critics feared would have defanged the former Soviet republic's vital fight against corruption.

Ukraine puts brakes on corruption bill angering West

Kiev - Ukraine's lawmakers Wednesday put the brakes on a bill that has triggered concern from its Western allies for hampering anti-corruption efforts in the graft-riddled former Soviet republic.

IMF austerity has consequences for children's health: study

Washington - Austerity policies imposed by the International Monetary Fund may harm parents' ability to care for their children's health, according to a study published Monday.

Egypt, IMF in initial agreement on next aid tranche

Cairo - The International Monetary Fund said Friday it will release the second tranche of a $12-billion loan to Egypt, in a "vote of confidence" in the country's economic reform programme.The amount of $1.

Greece 'on target' for May 22 fiscal deal: PM

Atenas - Greek Prime Minister Alexis Tsipras on Saturday said his government was "on target" for a May 22 fiscal deal with its creditors to enable the country to meet July loan payments.

In Washington, the economic world meets Trump climate skepticism

Washington - The Trump administration's climate skepticism and its possible withdrawal from the landmark Paris Agreement of 2015 drew a cloud over this week's grand economic conclave in Washington.

IMF warns against protectionism, but strikes word from statement

Washington - With fears rising that the Trump administration will follow through on its threats to raise trade barriers, world finance ministers are united on one message: protectionism threatens the global economy.

German finance minister calls on US to stay engaged in global economy

Washington - German Finance Minister Wolfgang Schaeuble issued a plea to the United States to remain engaged in the global economy and not to try to score gains at the expense of other countries.

IMF warns of growing risks to improving global recovery

Washington - The global economic recovery is picking up steam, but the rise of protectionist rhetoric and the threat of trade wars could erode those gains, the International Monetary Fund warned Tuesday.

IMF raises China growth forecast to 6.6% this year, 6.2% in 2018

Bejing - The International Monetary Fund Tuesday raised its economic growth forecast for China for this year and next but warned of serious longer-term problems unless it reduces its reliance on credit.The IMF's forecast for 2017 was 6.

IMF chief tells Ukraine to tackle pricey pension system

Kiev - The IMF's chief to Ukraine told Kiev on Tuesday its pension system was unsustainable because it supported nearly a third of the population and must limit the number of retirees.

Greece wants eurozone summit if debt talks fail: Tsipras

Atenas - Greek Prime Minister Alexis Tsipras has said he will demand a eurozone summit if creditor talks on Friday fail to break months of deadlock over the country's debt and reform goals.

Ukraine expects another $4.5 bn from IMF this year

Kiev - Ukraine expects another $4.5 billion from the International Monetary Fund (IMF) by the end of the year, the National Bank said Tuesday, one day after the fund granted $1 billion for the cash-strapped country.

Greece close to deal with creditors: parliament chief

Atenas - Greece is close to a long-delayed deal with its creditors after months of tough talks that have held up the payment of vital loans, a senior official has said.

Greece close to deal with creditors: parliament chief

Atenas - Greece is close to a long-delayed deal with its creditors after months of tough talks that have held up the payment of vital loans, a senior official has said.

Greece close to deal with creditors: parliament chief

Atenas - Greece is close to a long-delayed deal with its creditors after months of tough talks that have held up the payment of vital loans, a senior official has said.

Contentious G20 shows US needs time to 'adapt': Lagarde

Baden-baden - IMF chief Christine Lagarde sought to play down fears over the US weakening international commitments to free trade and climate change Saturday, saying the new White House needed time to "adapt and learn".

Athens probing how parcel bombs got to Paris, Berlin

Atenas - Greek authorities were on Friday trying to determine how a near-defunct militant group was able to sneak at least two parcel bombs through airport security, one of which exploded at the IMF's Paris offices.

IMF letter bomb: what is the Conspiracy of Fire Nuclei?

Atenas - Investigators suspect a Greek far-left group -- known as the Conspiracy of Fire Nuclei -- was behind a letter bomb that wounded an IMF secretary in Paris on Thursday, the same day the group claimed responsibility for an explosive device found in Berlin...

Greek anarchists 'likely' behind IMF Paris letter bomb

Paris - Investigators suspect a Greek anarchist group was behind a letter bomb that injured an IMF secretary in Paris on Thursday, the day after an explosive device was found in Berlin, sources close to the probe said.
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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
The former IMF chief  Dominique Strauss Kahn
The former IMF chief, Dominique Strauss Kahn
bixintx
IMF Headquarters Washington DC
IMF Headquarters Washington DC
wikimedia
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
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People s Party conven...
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People's Party convention in Vilnius, Lithuania, in 2013.
European People's Party
IMF Managing Director Christine Lagarde (C) visits the Artisan Market with Peruvian Minister of Econ...
IMF Managing Director Christine Lagarde (C) visits the Artisan Market with Peruvian Minister of Economy Alonso Arturo Segura Vasi (R) and Deputy Minister of Trade and Tourism Maria del Carmen de Reparas (L) in Pisac, Peru on October 4, 2015
Stephen Jaffe, IMF/AFP
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
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
IMF
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
Untitled
Mandel Ngan, AFP/File
Christine Lagarde
Christine Lagarde.
MEDEF
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
CRISIS: Message posted on ATMs in Greece last month at height of country s dispute with European Uni...
CRISIS: Message posted on ATMs in Greece last month at height of country's dispute with European Union lenders. Banks were closed for more than three weeks but reopened Monday with limits on withdrawals.
SucreRouge/Wikimedia Commons
Former IMF Managing Director Dominique Strauss-Kahn
Former IMF Managing Director Dominique Strauss-Kahn
International Monetary Fund

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