IMF

Creditors' teams left Athens on Thursday without a breakthrough in negotiations, as all the "hot" issues remain open, making a staff level agreement (SLA) before the March 20 Eurogroup almost impossible. New meetings on the bailout program review are necessary...

Progress has been made on some important issues discussed between Greece and its creditors as part of the country’s second program review but many differences remain, IMF spokesman Gerry Rice said at a regular press briefing on Thursday. “There has...

International Monetary Fund Managing Director Christine Lagarde said that Greece must implement essential reforms, at the same time urging Europe to offer the country substantial debt relief. Speaking at an event organized by the CSIS (Center for Strategic International Studies)...

Tuesday's talks between Greece and international creditors ended late at night with the two sides finding some points of convergence, while the differences in the thorny issues remained. When the teams of creditors were ready to leave Athens on Tuesday...

Creditors' representatives are to leave Athens on Wednesday after a week of fruitless talks on Greece's bailout program review. A meeting between the two negotiating teams will take place on Tuesday but it is unlikely that any progress will be...

Greek Prime Minister Alexis Tsipras on Monday said that Greece has returned to growth and bailout programs and that the International Monetary Fund is putting hurdles in bailout talks. Addressing his cabinet in the talks for the productive reconstruction strategic...

Greece and international creditors continue to disagree on several issues of the bailout program as Sunday's talks failed to bridge the gap between the two sides. Lenders, and the International Monetary Fund in particular, insist on the need of reforms...

French Finance Minister Michel Sapin sent a message to IMF to reduce its demands. After successive meetings with Finance Minister Euclid Tsakalotos and Economy Minister Dimitris Papadimitriou, Sapin said that "the IMF has been here since 2010. If it...

Creditors on Thursday did not accept the Greek proposals for countermeasures and insist that Athens must take additional measures amounting to 2% of GDP in order to reach fiscal targets. The Greek side argued that it has exceeded budgetary targets...

Creditors on Wednesday, disagreed overall with the "counter-measures" the Greek government proposed in order to balance the fiscal measures demanded to close the bailout program review. The second day of negotiations did not close with a positive outcome for the...