IMF

A Greek-Israeli businessman has joined former Prime Minister George Papandreou, and the former Premier’s mother, Margaret, in denying Greek media reports that she was linked to a list of 2,059 Greeks with $1.95 billion in accounts in a Swiss...

After the Council of Europe last month, the International Labour Organisation (ILO) considers that the measures adopted by Greece under pressure from the Troika (European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF)) erode workers’ most...

Greece is planning to spend 10 billion euros ($13 billion) to buy back bonds issued earlier this year in an attempt to cut its debt and trigger the release of 43.4 billion euros ($56.7 billion) from international lenders. The bond...

The main challenge for a disbursement under a Greek bailout package is the implementation of measures agreed to by Greece and finance ministers of the euro region, including a buyback of Greek bonds, an International Monetary Fund spokesman said,...

Greece’s complicated loan deal with international lenders includes a scheme to let Greece buy back some of its debt at a big discount, but Finance Minister Yiannis Stournaras said the government would need to borrow as much as $18.18...

After winning approval from Eurozone finance ministers and the International Monetary Fund for the release of $56.7 billion of rescue loans as part of a second bailout of $172 billion, Greek Prime Minister Antonis Samaras is turning his attention...

Even as Greek Prime Minister Antonis Samaras said the pending release of a $56.7 billion in a first series of installments in a second bailout of $172 billion has saved Greece, the Organisation for Economic Co-Operation and Development (OECD)...

Europe’s leaders have reached Plan C in their efforts to rescue Greece. Unfortunately, it lacks a crucial element also absent in Plans A and B: adequate debt relief, according to Bloomberg΄s view. The agreement between euro-area finance ministers and the...

Prime Minister Antonis Samaras welcomed a debt deal agreed by lenders to unlock long-delayed aid, promising skeptical Greeks a new dawn after months of haggling under the threat of bankruptcy, although critics said all he has done is ensure...

It took a while but Prime Minister Antonis Samaras’ uneasy coalition government got some relief when Eurozone finance ministers – on the third try – finally agreed to a complicated deal that would lead to the release of 43.7...