IMF

According to the confidential report of Bundesbank, cited by the German magazine Spiegel, Greece will need another rescue package in 2014. In an internal document of the German Central Bank it said that that the European leaders must start immediately...

Coasting on a boost from his meeting with U.S. President Barack Obama in Washington, D.C. during Congress' summer recess when there were few official visits going on, Greek Prime Minister Antonis Samaras returns to political reality in preparation for...

Distancing itself from its own representative to the International Monetary Fund (IMF) who abstained from a vote on more aid for Greece after declaring the money would never be repaid, Brazil said the incident was all due to a...

The German newspaper Die Zeit published an article, entitled “The bill, please!” in which it charged that Chancellor Angela Merkel, facing re-election next month, is deliberately concealing that she will go along with Greece imposing losses on its lenders,...

Despite an International Monetary Fund (IMF) report that there could be a hole as big as $14 billion in the Greek economy that needs filling, the coalition government led by Prime Minister Antonis Samaras has no plans to institute...

As long as Cyprus country is ruled by a corrupt politicocracy and governed by morally impoverished politicians nothing good will come out of it; the primary reason the Republic has so far bitterly failed its citizens. Cyprus has become the...

Greece's international lenders are pressuring the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras again to lift a ban prohibiting banks from confiscating homes worth more than 200,000 euros ($260,000) of Greeks who can't...

Greek Finance Minister Yannis Stournaras, who is placing all his bets on austerity and hopes for growth to offset a crushing economic crisis, said it had better work because there's no backup Plan B in place. Despite that, he said...

Despite a lingering economic crisis, the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras wants to lift a ban on repossession of homes of people who can't afford to pay mortgages with their pay...

Paulo Nogueira Batista, Brazil's representative to the International Monetary Fund, who abstained from a vote granting more aid to Greece after he said the idea it could be paid back was "delusional," was recalled by Finance Minister Guido Mantegna...