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Greece to approve new cuts for 2017 in parliament vote

Atenas - Greek lawmakers were to approve Saturday a new round of pay cuts and tax hikes for 2017 demanded by international creditors, with Athens hoping for an ECB stimulus next year.

Eurozone agrees debt relief for Greece amid IMF row

Brussels - Eurozone finance ministers on Monday approved new debt relief measures to alleviate Greece's colossal debt mountain in the wake of its huge 86-billion-euro bailout, but at levels far short of those demanded by the IMF.

EU, IMF 'going in circles' on Greek debt relief

Brussels - Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout programme for Greece.

IMF team leaves Ukraine without new loan promise

Kiev - The International Monetary Fund said Friday its team had ended a visit to Kiev without seeing sufficient economic restructuring progress to release a new loan to Ukraine this year.

IMF urges Argentina to continue reforms, protect poor

Washington - The IMF on Thursday urged Argentina to stay the course on tough economic reforms, but also to take steps to protect the poor from the negative consequences.

Portugal backtracks on early IMF loan repayment

Lisbon - Portugal's Socialist government said Saturday it will not make early payments of 6.6 billion euros in IMF loans this year in order to maintain financial reserves.

IMF arrives in Ukraine with tough demand for new loan

Kiev - An International Monetary Fund team arrives in Kiev on Thursday to check on cash-strapped Ukraine's books and set out a series of tough conditions for the disbursement of further loans.The IMF approved a $17.5-billion (15.

Protectionism's rise a balancing act for World Bank, IMF

Washington - Protectionism's rise in Europe and the United States is pushing the world's economic leaders toward a delicate balancing act: defending globalization but acknowledging the pain that sometimes comes with it.

IMF predicts global growth still to be subdued this year

The IMF predicted global growth to be sluggish at 3.1 percent in 2016 improving slightly to 3.4 percent next year. This is the same level of growth predicted in the last IMF report in July.

All 'legal', ex-IMF head Rato says in embezzlement trial

San Fernando De Henares - Former IMF chief Rodrigo Rato said Tuesday that using the funds of banks he headed up for personal use was "completely legal," as he took the stand in a trial for embezzlement.

Greek lawmakers pass fresh reforms sought by creditors

Atenas - The Greek parliament on Tuesday adopted fresh austerity measures sought by its international creditors, including expediting privatisation of utility companies.

Ex-IMF boss Rato on trial over bankers' luxury sprees

San Fernando De Henares - Former IMF chief Rodrigo Rato went on trial Monday accused of overseeing a "corrupt system" that helped him and other executives misuse funds when he was the boss of two of Spain's top banks.

Greece says adopting new credit measures for EU, IMF

Atenas - Cash-strapped Greece will adopt before month's end a new package of measures designed to mollify EU and IMF creditors, Athens' finance ministry said Friday.

Years of war, refugee flight has wrecked Middle East economies: IMF

Washington - Middle East economies have plunged into decline in the years of war since the Arab Spring, creating daunting economic and development challenges, according to an IMF report released Friday.

IMF approves $1 billion in Ukraine aid after long delay

Washington - The International Monetary Fund on Wednesday resumed its bailout of war-torn Ukraine, approving disbursement of $1 billion from an aid package that had been held up in part on corruption concerns.

IMF boss Lagarde to go on trial in France on December 12

Paris - IMF chief Christine Lagarde will go on trial in France on December 12 over a massive state payout to tycoon Bernard Tapie when she was finance minister, the court hearing the case said Monday.

Greece says EU-IMF rift stalling Greek debt solution

Thessalon - A rift between the EU and the International Monetary Fund on the way to tackle the Greek debt crisis is delaying its solution, Greek Prime Minister Alexis Tsipras said on Sunday.

Op-Ed: IMF loan provisions may cause social unrest in Egypt

Cairo - Egypt has recently been able to negotiate a $12 billion loan from the International Monetary Fund (IMF) over three years. While Egypt is in dire need of the funds it comes with austerity policies that could cause social unrest within the country.

Lagarde says IMF may reduce global growth forecast in next report

Policy makers in the world's biggest economies have failed to steer them out of the worst slow-growth rut they have experienced in almost three decades. The IMF warned leaders that the outlook could be for even slower global growth.

Egypt eyes tough reforms in last-ditch bid to save economy

Cairo - Egypt hopes a $12-billion financing deal with the IMF will usher in an economic turnaround but real progress hinges on a tough reform package avoided for decades to stave off unrest.

New Greek bailout finds IMF in a political bind

Washington - Ever since the IMF participated in the first Greek bailout six years ago, the stinging suspicion has been that the Fund is under Europe's thumb.

French trial casts shadow over IMF chief Lagarde

Washington - Bad timing: IMF chief Christine Lagarde was in China for a meeting of the powerful G20 countries when the news came Friday that she would be put on trial back home in France over a state payout to a businessman in 2008.

IMF boss Lagarde to stand trial over $400 mn Tapie payout

Paris - IMF chief Christine Lagarde was ordered Friday to stand trial in France over a massive state payout to a colourful tycoon when she was French economy minister, dealing a setback to her stellar career.

Ruling due on whether IMF chief to face trial in France

Paris - IMF chief Christine Lagarde is to find out Friday whether she will stand trial in France over a massive state payout to tycoon Bernard Tapie when she was French economy minister nearly a decade ago.

IMF cuts global growth forecast for next two years after Brexit

Washington - The International Monetary Fund (IMF) cut its global growth forecasts on July 19 citing uncertainty over the economic effects of the recent Brexit vote which will see the UK leave the European Union (EU).

Democracy key to Turkish economy, says IMF

Washington - Following Turkey's bloody coup attempt at the weekend, the International Monetary Fund on Tuesday said the country's democratic institutions were crucial to its economic stability.

Ecuador gets $364 mn in emergency support from IMF

Washington - The International Monetary Fund said Friday it approved a $364 million emergency loan to Ecuador after the country was hard-hit by an earthquake in April.

Lagarde on Tapie payout case: 'I always had a good conscience'

Washington - International Monetary Fund chief Christine Lagarde, facing a possible trial in France over a huge payout to tycoon Bernard Tapie, says her conscience is clear in the case, whatever happens.

Emergency measure that feeds Greek crisis

Atenas - Call it the law of unintended consequences -- a measure to save Greece from the abyss of a default and crashing out of the eurozone now holds its economy in a stranglehold preventing its recovery.

Blow for IMF's Lagarde in French Tapie payout case

Paris - A French prosecutor on Friday said IMF chief Christine Lagarde should stand trial for her handling of a massive state payout to tycoon Bernard Tapie in 2008 when she was France's finance minister.
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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
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
IMF
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
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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
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
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
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
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Mandel Ngan, AFP/File
IMF Headquarters Washington DC
IMF Headquarters Washington DC
wikimedia
Former IMF Managing Director Dominique Strauss-Kahn
Former IMF Managing Director Dominique Strauss-Kahn
International Monetary Fund
The former IMF chief  Dominique Strauss Kahn
The former IMF chief, Dominique Strauss Kahn
bixintx
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
Christine Lagarde
Christine Lagarde.
MEDEF

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