Gerry Rice
Economy
IMF Ready to Work with Greece and Europe
The International Monetary Fund (IMF) said on Monday it is ready to work with the Greek authorities and its European partners to help moving forward an agreement reached during a Euro Summit earlier in the day.
IMF Director of Communications Gerry Rice said in a...
Economy
Gerry Rice: IMF does Not Expect Greece to Miss June 30 Payment
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...
Economy
IMF Leaves Brussels But Remains 'Fully Engaged' With Greece
After the European Union suggested that Greek Prime Minister Alexis Tsipras should stop gambling with crisis-stricken Greece's future and take the essential measures to unlock aid before the end of June in order to avoid a potential default, the International Monetary Fund (IMF) delegation...
Economy
IMF: We Support Greece Staying in the Eurozone, We Are Flexible
Gerry Rice, Communications Department Director of the International Monetary Fund (IMF), said in a press briefing on Thursday that the organization is working closely with Europe to keep Greece in the Eurozone and they are flexible in negotiations.
Answering a question where...
Economy
IMF Warns Greece Over Early Exit From Bailout Program
The International Monetary Fund (IMF) expressed its opposition to the Greek government's plans to rely solely on commercial markets for financing, after Prime Minister Antonis Samaras revealed that the country might exit its bailout program ahead of schedule. In...
Greece
IMF's Loan Agreement with Greece Expires in March 2016, Says Spokesman
Greece’s loan agreement with the International Monetary Fund (IMF) expires in March 2016, the Fund’s spokesman Gerry Rice said on Thursday.
Speaking at a Washington press conference, Rice said the IMF has not been officially notified by the Greek government...
Economy
IMF Talks Greek Debt Relief But Fears for Political Stability
IMF spokesman Gerry Rice said Thursday that Greek debt is “high” and added that the European partners of Greece have agreed to debt relief.
At a scheduled weekly press conference, Rice expressed his concern about the possibility of political instability in Greece...
Economy
IMF Says Greece Can Wait For Loans
Despite a continued delay in the release of a one billion euro ($1.37 billion) installment from international lenders, Greece has enough liquidity to wait for the money to be disbursed, the International Monetary Fund's spokesman said.
“The timing of the...
Economy
EU Disputes Troika Wants Privatization Control
The European Union has denied a report that Greece's international lenders - the EU, International Monetary Fund, and European Central Bank - want to put the country's lagging privatization program in its hands and its headquarters moved from Athens...
Economy
IMF Sees Greek Recovery – And Not
International Monetary Fund Gerry Rice spokesman said the agency, which has had its doubts about Greece's ability to recover from a crushing economic crisis despite $325 billion in two bailouts from the agency and the European Union and...