Tags IMF

Tag: IMF

Greek President Pavlopoulos: ‘The Country Still Suffering from Mistakes of the First Memorandum’

President of Hellenic Republic Prokopis Pavlopoulos noted that there is need for corrections to the Greek program commenting on IMF's report at a meeting...

Scathing Report: IMF Watchdog Criticizes the Fund’s Poor Handling of Greek Crisis

The International Monetary Fund's Independent Evaluation Office presented a scathing report on Thursday on the IMF’s handling of European bailouts. The findings show that...

U.S. Treasury Secretary Lew to Visit Athens This Week

U.S. Treasury Secretary Jack Lew will visit Athens this week to urge the Greek government to expedite required economic reforms, according to the Treasury...

IMF: Greece Is a Special Case Regarding its Rescue Program

The failure of the Greek bailout program was due to a variety of factors, said International Monetary Fund Communications Director Gerry Rice on Thursday. Comparing...

Christine Lagarde Admits Failure of Greek Bailout Program

Christine Lagarde noted that the International Monetary Fund (IMF) would continue to support its positions, while she admitted that Greece’s bailout was not successful,...

IMF Urges Greece to Open ‘Closed Professions’

The International Monetary Fund proposed extensive interventions in the labor market to make it more “flexible” and limit youth unemployment according to its annual...

Greek Bailout Program Can Succeed Without IMF, says Fund’s Chief

The non-participation of the International Monetary Fund in Greece's bailout program does not mean the program will fail, said the Fund's chief Christine Lagarde. The...

WSJ: Tsipras Doesn’t Believe Greece Will Reach Budget Targets After 2018

  Prime Minister Alexis Tsipras said that Greece won't be able to achieve its primary surplus budget target when the current bailout program expires in...

Surprise from Lagarde: Let the Olympic Games Come Home to Athens, Permanently

While at the Aspen Ideas Festival in Aspen, Colorado, Christine Lagarde, Managing Director of the International Monetary Fund (IMF) shocked many with her response...

IMF Concerned Over Marinopoulos Supermarket Chain’s Problems

International Monetary Fund Spokesman Gerry Rice commented on the gloomy news of Greek supermarket giant chain, Marinopoulos, seeking protection from its creditors under an...

European Commissioner Rules Out Easing of Greece’s Budget Target

Greece should not expect a relaxation of its budget targets for 2018, said European Commissioner for Economic Affairs Pierre Moscovici on Tuesday. The commissioner talked...

ESM Chief: Varoufakis’ Term Cost Greece €100 Bln

The Yanis Varoufakis period cost the Greek economy about 100 billion euros, said the President of the European Stability Mechanism, Klaus Regling on Wednesday. The...