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bailout

IMF Chief: Talks With Greece in 'Good Faith,' But Figures 'Need to Add Up'

International Monetary Fund Managing Director Christine Lagarde said she intends to negotiate "in good faith" with Greece, despite recent acrimonious comments by the Greek side. The comments against the IMF came after the alleged leaks of a conversation between the...

IMF Chief Dismisses Wikileaks Report on Greece as 'Simply Nonsense'

International Monetary Fund Managing Director Christine Lagarde has dismissed the WikiLeaks report that suggests IMF is deliberately trying to push Greece towards a "credit event." Prime Minister Alexis Tsipras sent a letter to Lagarde asking if this is the official...

Greek Opposition Parties React to IMF Wikileaks on Greek Bailout

Prime Minister Alexis Tsipras contacted opposition leaders on the issue of the wikileaks regarding Greece's bailout and plans the strategy for the negotiations with creditors. According to an Ethnos newspaper report on Sunday, Tsipras is very angry at the International...

Tsipras Complains to IMF Chief Over Greek Debt Wikileaks

Greek Prime Minister Alexis Tsipras wrote a letter of complaint to International Monetary Fund Managing Director Christine Lagarde over the alleged leaks of a conversation between two of the organization’s senior officials on Greece's bailout. WikiLeaks made public an alleged...

Greece Rushes to Complete Bailout Program Review by April 13

Greece is rushing to complete the bailout program review by April 13 so that the government can start discussing debt easing during the meeting of euro zone finance ministers April 15-17. Athens needs to close five pending issues before that...

Greece Needs Measures Worth €5.5 Billion to Complete Bailout Review

Greece's Government Council for Economic Affairs (KYSOIP) decided on Monday night that measures worth 5.5 billion euros are needed in order for Athens to come to an agreement with creditors on the bailout program. According to a government official under...

Creditors Return to Greece to Continue Bailout Review

Inspectors from the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund are expected to return to Athens this week following a break for Catholic Easter to continue negotiations on Greece's bailout program. Creditors ask...

Greek Government Official Accuses IMF of Delaying Bailout Review

Greece's General Secretary of Fiscal Policy Frangiskos Koutentakis accused the International Monetary Fund of delaying the evaluation of the bailout program by making excessive fiscal demands and presenting inaccurate figures during negotiations. Koutentakis accused the IMF of "ideological obsessions and...

Greece Proposes New Taxes to Creditors to Close Fiscal Gap

The Greek government proposed to creditors new taxes and levies on cars, fuel, real estate, mobile telephony, internet connection and cable television in order to close fiscal gaps until 2018. Athens needs to achieve a primary surplus of 3.5 percent...

IMF Still Disagrees With Greek Proposals on Bailout Program

Greece aims to come to an agreement with creditors on taxation, pensions and red loans by Friday, but the IMF remains strict on its demands on closing the fiscal gap. Athens wants to complete the bailout program evaluation as soon...