Greece

The International Monetary Fund acknowledged that it made mistakes and omissions in the Greek bailout program approved in May 2010, as it did not include debt restructuring. The IMF Board of Directors approved the evaluation report on the programs during...

The IMF was too optimistic in its predictions for Greece prior to lending, and lowered its internal standards to do so, according to an internal IMF audit released Tuesday. The report highlights the miscalculations made by the IMF in countries such...

Days after the International Monetary Fund (IMF) admitted vastly underestimating the effects of austerity in Greece it demanded as part of a Troika of lenders putting up bailouts, an agency spokesman said officials there would still have done what...

Vitor Gaspar, the Head of the Fiscal Affairs Department of the International Monetary Fund (IMF) presented the Fund's Fiscal Monitor on Wednesday, just before its annual autumn summit in Washington. With regard to the IMF's projections about Greece's economy, the data presented...

Greece would have been out of the crisis and standing on its feet by now if the 2015 mistakes weren't made, said President of the European Stability Mechanism Klaus Regling. The ESM chief spoke to Bild newspaper saying that even...

U.S. Congressman Andy Barr on Thursday opposed financial participation of the International Monetary Fund in Greece's third bailout program. Barr, who is Chairman of the Subcommittee on Monetary Policy and Trade expressed his opposition at a special meeting of the...

"It will take many years and additional reforms, which are not currently on the negotiating table, until Greece returns to pre-crisis levels," said Poul Thomsen, European Affairs Director for the International Monetary Fund, at a press conference in Washington...

The International Monetary Fund (IMF) has made serious mistakes in the first memorandum, noted the chairman of Attica Bank and Greece's former representative to IMF Panagiotis Roumeliotis speaking to Athens Macedonian News Agency. "The wrong forecasts increased Greece's funding needs"...

The "serious disagreement between the IMF and European institutions" puts the chances of Greece's economic recovery at risk, said Bank of Greece governor Yiannis Stournaras on Monday. Stournaras spoke about the Greek economy at the American-Hellenic Chamber of Commerce conference...

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 on Friday with the Board of the World Hellenic Inter - Parliamentary Association. "The country is...

Former International Monetary Fund Managing Director Dominique Strauss-Kahn made his own suggestions about the Greek financial crisis urging Greece's international lenders to accept a temporary halt to debt payments. The former French finance minister presented his proposals to the public through a three-page declaration entitled...

It's too late to help, but an apology is long overdue to Greece because of errors the International Monetary Fund made in miscalculating the effects of austerity demanded in return for bailouts and other mistakes the agency made, a...

New facts have emerged about the European sovereign debt crisis and Greece’s recourse to the European stability mechanism in 2010, as former head of the International Monetary Fund (IMF) Dominique Strauss-Kahn revealed Friday on French TV channel France 2 that former Greek...

Greek Finance Minister Yannis Stournaras was very critical of the Troika during his meeting with members of the European parliament, who are monitoring the activities of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) task force operating in EU...

Even while the International Monetary Fund in 2010 was agreeing to dubious plans to bail out the faltering Greek economy - a joint effort with the European Union and European Central Bank in what became known as the Troika...