bailout
Economy
Sapin, Lew Stress Urgency of Greece's Bailout Review
French Minister of Finance Michel Sapin and U.S. Secretary of the Treasury Jack Lew argued in Washington that "a lot of work" is needed in Greece and bailout review talks must be completed soon.
The two officials discussed the Greek...
Economy
Greece's Call to IMF for Help was Decided at Davos, says Former Fin Min
Greece's former finance minister Giorgos Papakonstantinou said that the involvement of the International Monetary Fund in Greece's first bailout was decided at a sideline meeting in Davos in 2010.
Papakonstantinou spoke on Skai television on Tuesday night where he described...
Economy
European Central Bank in Line With IMF on Greek Reforms
The European Central Bank is in line with the International Monetary Fund on the need for deep reforms in Greece, ECB executive board member Benoit Coeure said on Tuesday.
"We fully agree with the IMF on the need for a...
Economy
EU Finance Commissioner: Greek Debt Ease Tied to Bailout Program Evaluation
"It is inevitable to connect the completion of the evaluation, with our commitment to the debt," said European Commissioner for Economic and Financial Affairs Pierre Moscovici speaking to the European Parliament on Monday.
The objective is the agreement on the...
Economy
Fruitless Greece-Creditors Negotiation, Pause for IMF Convention
Another long meeting between Greece and its international creditors ended early Tuesday without the two sides coming to a preliminary agreement on the bailout program.
Negotiations stopped because the mission chiefs of the European Commission, European Central Bank, European Stability...
Economy
Greece-Lenders Talks Continue Until Last Minute
Greece and its international lenders did not come to an initial agreement after 10 hours of talks that concluded early Monday morning. Negotiations will resume at 3:00 in the afternoon.
The two sides are close to a compromise on several...
Economy
Greece-Creditors Rush to Reach Draft Deal by Monday
The Greek team and creditors will try to reach a draft deal by Monday on the content of the measures Athens has to take in order to close the bailout program evaluation.
"We had progress in almost all the issues...
Economy
IMF Chief: '[Greece's] Pension Scheme Is Going Right Into the Wall'
"Their pension scheme is going right into the wall the way it is now, and they know it," said International Monetary Fund Managing Director Christine Lagarde.
In an interview during the 2016 Women in the World Summit in New...
Economy
What If Greece's Turn Against the IMF Is Staged?
The sudden turn of the Greek government against the International Monetary Fund in the past month and the continuous requests for its withdrawal from the bailout program looks like another communication trick by Prime Minister Alexis Tsipras. His strategy...
Economy
German Chancellor, IMF Chief Agree to Disagree on Greek Debt Relief
German Chancellor Angela Merkel and IMF Managing Director Christine Lagarde agreed that the Fund will participate in monitoring Greece's bailout program but disagreed on a debt haircut.
The two women met in Berlin on Tuesday during a conference of global...