Zimbabwe’s economic situation “very difficult” – IMF
Zimbabwe’s economic growth is threatened by high government spending, an untenable foreign exchange regime and inadequate reforms, a senior International Monetary Fund (IMF) official said....
International Monetary Fund
Eurozone countries and China receive IMF upvote
The International Monetary Fund kept its growth forecasts for the world economy unchanged for this year and next, although it revised up growth expectations for...
Euro zone, IMF to seek compromise on Greek debt deal Monday
By Jan Strupczewski Euro zone finance ministers and the International Monetary Fund will seek a deal on Monday on Greek debt relief that balances the...
BoC economist says surpluses needed for swift debt reduction
By Stelios Orphanides Cyprus should seek to “considerably” reduce its public debt as a percentage of economic output the earliest possible by generating small surpluses,...
IMF chief Lagarde says ‘halfway’ there on Greek bailout talks
International Monetary Fund chief Christine Lagarde on Wednesday said Greece was heading in the right direction on reforms but talks on its bailout and the...
Greece’s lenders move to patch up differences on bailout, Athens may baulk (Update 2)
Eurozone lenders and the International Monetary Fund have agreed to put aside differences and present a united front at a meeting with Greece in the...
Leaders to discuss the economic aspects of the reunification of Cyprus
Cyprus President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci meet today in the context of the UN-brokered talks to take stock of the discussions...
Government Spokesman satisfied with meetings at IMF and US State Department
Government Spokesman Nikos Christodoulides has said he is pleased with the meetings he had in Washington on Monday, with International Monetary Fund (IMF) and US...
No room for bad bank, IMF says
By Angelos Anastasiou There is no room for the creation of an asset-management company (AMC) that will be funded – entirely or in part –...
Creditors hope for broad Greek coalition; fat chance
By Paul Taylor IF GREECE’S international creditors had a say in today’s general election, they would want voters to force a grand coalition of the...
Greece’s creditors say satisfied by second reform vote
Greece’s international creditors gave a positive assessment on Thursday of Greece’s passage of a second package of reforms that are required to start talks on...
Greece made the wrong choice
By John Lloyd Former Greek Finance Minister Yanis Varoufakis has, as Macbeth put it, “strutted and fretted his hour upon the stage”. But he will...
Greece to miss 450 mln IMF loan payment on Monday
Greece will not meet a 450 million euro ($496.7 million) loan repayment to the International Monetary Fund that falls due on Monday given its severe...
‘Grexit’ tips over to base case for many big banks
By Ross Finley Greece leaving the euro zone has tipped over to become the base case for many international bank economists after Sunday’s overwhelming ‘No’...
Merkel says Germany won’t negotiate new deal with Greece before referendum
German Chancellor Angela Merkel said on Tuesday that Germany would not negotiate on a new bailout agreement for Greece before its referendum which is planned...
Greek banks could be solvent for days after default (Updated)
Greece’s banks might not be declared insolvent for several days after a default, a European Central Bank supervisor said, offering the prospect of some temporary...
Thousands rally in Athens for Greece to stay in eurozone
By Angeliki Koutantou Several thousand demonstrators chanting “Europe! Europe!” rallied in front of parliament in Athens on Thursday calling for Greece to keep the euro,...
Greece’s future in EU in doubt if talks fail, central bank warns (Updated)
By George Georgiopoulos and James Mackenzie The Greek central bank warned on Wednesday that the country risks a painful exit from the euro and ultimately...
Greece, creditors dig in after debt talks founder (Update 3)
By Renee Maltezou and Andreas Rinke Greece and its creditors hardened their stances on Monday after the collapse of talks aimed at preventing a default...
Strauss-Kahn acquitted in French vice trial (Updated)
By Pierre Savary and Brian Love Dominique Strauss-Kahn was acquitted of sex crime accusations by a French court on Friday, the final chapter in a...