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IMF backs unconventional monetary policies despite warnings from emerging...
By Rajesh Kumar Singh Unconventional monetary policies of central banks in Europe and Japan received an endorsement from the International Monetary Fund on Sunday, even as policymakers from emerging...
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IMF officials see impressive achievements and three major challenges for Cyprus
Officials from the International Monetary Fund, which made funds available for Cyprus’s bailout programme, said that while the island’s economy made “impressive policy achievements” over the past three...
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Greece demands IMF explanation over leaked debt transcript (Updated)
By Lefteris Papadimas Greece demanded an explanation from the International Monetary Fund after an apparent leaked transcript suggested the IMF may threaten to pull out of the country’s bailout as a...
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IMF chief denies threat to pull out of Greek bailout
By Lefteris Papadimas and David Lawder International Monetary Fund Managing Director Christine Lagarde denied on Sunday that IMF staff would push Greece closer to default as a negotiating tactic on a...
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Georgiades to meet top IMF officials in Washington
Finance Minister Harris Georgiades will meet IMF Managing Director Christine Lagarde and US Deputy Treasury Secretary on the sidelines of the Spring IMF-World Bank meetings taking on April 15-17 in...
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Tsipras demonises IMF to rally troops for bailout sacrifices
By Paul Taylor In Athens, walls have ears. The leaking of a conference call of International Monetary Fund officials on Greece’s latest bailout review has further undermined mutual trust in fraught...
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Greek talks with IMF/EU lenders drag on, compromise seen – sources
By Renee Maltezou Greece and its international lenders are edging closer to a compromise on signing off on a review of bailout reforms which could unlock more aid to the country, government sources...
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IMF expects Cypriot economy to grow 1.6% in 2016, 2% next year
By Stelios Orphanides The International Monetary Fund expects Cyprus’s economy to grow 1.6 per cent in 2016, same pace as it did last year, before growth accelerates to 2 per cent in 2017. This year’s...
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IMF says ‘very real’ Brexit risk could deal blow to world economy
By David Milliken Britain could deal a damaging blow to the fragile global economy if it votes to leave the European Union, the International Monetary Fund said in the sharpest warning yet from a...
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IMF expects marginal fiscal surplus in 2016, 0.7% surplus in 2017
The International Monetary Fund said that Cyprus’s government will generate a fiscal surplus of 0.1 per cent of the economy this year, after generating a 1.7 per cent budget shortfall in 2015, which...
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Ukraine approves new PM in bid to end reform deadlock
By Pavel Polityuk and Natalia Zinets Ukraine’s parliament approved presidential ally Volodymyr Groysman as prime minister on Thursday in the biggest political shake-up since a 2014 uprising brought in...
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Vague TC data hampers World Bank report on cost of solution (Update)
THE absence of reliable information about the economic situation in the north is delaying World bank experts from concluding their report that will indicate the potential cost of a Cyprus solution, and...
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IMF chief lauds Cyprus for economic results
International Monetary Fund (IMF) Managing Director Christine Lagarde congratulated the Cypriot authorities on the favourable economic results achieved under the adjustment programme, during a meeting...
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Greek lender mission chiefs resume reform talks in Athens
By Francesco Guarascio Greece’s international lenders are resuming talks in Athens with the aim of concluding a review of Greek reforms “as soon as possible”, the European Commission said on Monday....
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Greece’s 2015 primary surplus beats target, but already discounted
Greece had a primary surplus last year that beat the target set in its bailout programme, according to the European Commission, but eurozone officials said the number was already discounted in talks...
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IMF’s Lagarde says debt relief for Greece critically important
Greece and its lenders have made some progress towards an agreement on reforms, but not enough to unlock new loans or start talks on vital debt relief, the head of the International Monetary Fund...
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Greece, EU/IMF lenders resume talks over bailout reforms
Greece resumed talks with its creditors in Athens on Monday over reforms it must make to conclude a drawn-out review of its bailout progress and unlock more than 5 billion euros of financial aid. The...
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ECB could move quickly on Greek bank funding once bailout review complete –...
By Balazs Koranyi and George Georgiopoulos Greek banks could get access to cheap European Central Bank funding again soon after Athens clinches a deal with creditors, sources told Reuters, bringing...
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Greece says IMF demands are undermining an accord
Greece accused the International Monetary Fund on Wednesday of undermining efforts to broker an accord over the country’s funding options, after talks to unlock fresh bailout aid stalled. Days of...
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Lenders, Greece close to agree reforms, contingency steps need more work-EU
By Jan Strupczewski Greece and its international lenders are almost in full agreement on a package of reforms that has been negotiated for months, but a set of contingency steps requested by eurozone...
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