Greece

The International Monetary Fund (IMF) welcomes the adoption of short-term measures for Greece's debt but these may not be enough to make the Greek debt sustainable in the medium- and long-term, IMF spokesman Gerry Rice said during the regular...

The International Monetary Fund (IMF) expects Greece to make a 1.5-billion-euro debt repayment on June 30 as scheduled, IMF spokesman Gerry Rice said during the regular press briefing on Thursday. He dismissed talk of default as "speculation" and said that...

Progress has been made in the ongoing negotiations between the Greek government and the representatives of the institutions in Brussels but “more work will be needed to narrow the remaining differences” in pensions and labor reforms, International Monetary Fund...

The International Monetary Fund (IMF) agrees with the recent opinion expressed by Christine Lagarde in the European Parliament concerning the need to review the high primary surplus targets for Greece, IMF spokesperson Gerry Rice said on Thursday. This view reflects...

The German Finance Ministry is believed to be opposed to Greece's plans to repay the country's loans to the IMF earlier than stipulated, the German paper Handelsblatt reported on Friday. The Greek Finance Ministry is planning to repay a sum of €3.8...

The necessity of the implementation of cuts already agreed to by the Greek government, including pension cuts and the lowering of the tax-free income threshold, was reiterated by the International Monetary Fund’s spokesperson in Washington. Gerry Rice said that it...

The International Monetary Fund may still participate in the Greek program and this will become clear on June 21, when there is a Eurogroup meeting, said International Monetary Fund Managing Director Christine Lagarde on Monday. Speaking to reporters after meeting...

Time is running out for the financial participation of the Fund in Greece's third bailout program, said International Monetary Fund spokesman Gerry Rice on Thursday in a press briefing. The IMF official said that there are still differences between European...

Greece needs to complete three important prerequisites before the EU disburses the next loan tranche of €5.7 billion euros, a European official said, according a Kathimerini report. The loan tranche will be disbursed upon the condition that all requirements of...

International Monetary Fund spokesman Gerry Rice expressed the Fund's willingness to work with Greece's European partners for a solution that will credibly reduce the country's debt, and lead it to a viable recovery. During a regular briefing in Washington, DC,...

The target of achieving a primary surplus of 2 percent of GDP after 2022 offered to Greece by its European lenders at the last Eurogroup meeting must be lowered, the International Monetary Fund's (IMF) spokesman Gerry rice said on...

Greek Prime Minister Alexis Tsipras and IMF chief Christine Lagarde discussed the progress in Greece's economic program on the sidelines of the Belt and Road Forum. IMF Communications Director Gerry Rice has issued the following statement in Beijing: "The Managing Director of...

The prospects of successfully concluding the second review of Greece's programme are now good but the Eurozone has to provide adequate assurances of a reliable strategy that will ensure the sustainability of Greece's debt, the International Monetary Fund (IMF)...

Talks between Athens and its eurozone and IMF creditors have been dragging for months and the effort to bridge the gap in bailout negotiations is focused on debt relief and budget targets for austerity-stricken Greece. The IMF says that...

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...