Greece

Does the IMF have an incentive to keep Greece in crisis to protect its own financial survival and continue to milk the Greek cow?

American President Donald Trump announced on Monday that the U.S. policy regarding the International Monetary Fund on the issue of Greece will be revealed in the next few days. Speaking yesterday at a meeting with conservative journalists at the White...

The Greek debt must be sustainable in order for the International Monetary Fund to participate financially in the third bailout program, said IMF Managing Director Christine Lagarde. In an interview with the Leading European Newspaper Association, the IMF chief explained...

Only a few months after its establishment, Greece's Space program has paid off, as Greek scientists announced the discovery of a new Earth-like planet near Mars. As a result, "Greece will receive a vital 12 billion euro tranche by its lenders on Monday,"...

International Monetary Fund Managing Director Christine Lagarde said that Greek Prime Minister Alexis Tsipras asked the IMF to stand by Greece in the bailout program. In an interview with French newspaper "Le Parisien," Lagarde said that the IMF is making...

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 European Stability Mechanism (ESM) issued a clarification on a report published in Reuters on Tuesday, in which Director General Klaus Regling was quoted as saying that the International Monetary Fund (IMF) did not have to contribute with funds...

The first week of talks between Greece and creditors failed to prefer concrete results. The government's efforts for the creation of a "special irreversible bank account" have been futile after representatives of Greece's creditors (European Commission, European Central Bank,...

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 it bent the rules and bowed to political pressure in the ill-fated Greek rescue in...

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 IMF managing director spoke to AFP on Thursday, saying that there is a possibility the...

Poul Thomsen, European Department chief of the International Monetary Fund, informed the board that differences with the European institutions on the Greek debt relief issue remain, thereby the Fund cannot participate financially in the bailout program. According to a Real.gr...

Greece will need debt relief along with deep security fund reforms in order for the pension system to be sustainable, said International Monetary Fund Managing Director Christine Lagarde. The IMF head gave a web press conference where she was asked,...

The European Stability Mechanism is examining options to ease Greece's debt, including linking debt repayments to economic growth, according to a Wall Street Journal report. The report is based on a ESM document dated August 10, in which the EU...

The International Monetary Fund (IMF) is watching developments in Greece and is prepared to assist Athens, after voters shot down the bailout terms in a referendum on Sunday, IMF Managing Director Christine Lagarde said on Monday. "The IMF has taken note...

Greece has missed its June deadline to pay €1.6 billion to the IMF, becoming the first developed country to default on its international obligations. Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement...