Gerry Rice
Greece
In Vienna, Samaras Says All Is Well
With his fragile coalition on the verge of breaking up over his decree to shut down the national broadcaster ERT without consulting his partners or the Parliament, Greek Prime Minister told European Union leaders during a lightning visit to...
Greece
IMF Stands By Its Mistakes
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...
Economy
IMF Heading Back To Athens
The International Monetary Fund, one of Greece's Troika of lenders, will send a team to Greece early in June for talks with Greek authorities and the bailout partners, the European Union and European Central Bank, following a meeting of...
Cyprus
IMF Says No Greek Debt Restructure
On the heels of issuing a report praising Greece's progress in reforms but criticizing its failure to go after tax cheats, the International Monetary Fund (IMF), one of Greece's international lenders, does not expect a restructuring of the Greek...
Economy
IMF: Implementation is Key for Greek Payment to Go Through
The main challenge for a disbursement under a Greek bailout package is the implementation of measures agreed to by Greece and finance ministers of the euro region, including a buyback of Greek bonds, an International Monetary Fund spokesman said,...
Economy
IMF Says Greece 'Missed' Some Bailout Targets
The International Monetary Fund said Thursday that Greece has failed to meet a number of targets in the IMF bailout program, insisting it is too soon to discuss revisions to the plan.
"So far, some targets were met, a number...
Economy
Samaras Writes EU for Help as IMF Prepares Visit
ATHENS – Unable to attend a critical meeting of European Union leaders because he is still recovering from eye surgery for a detached retina, new Greek Prime Minister Antonis Samaras has written the EU a letter asking them not...
Economy
Dueling Last Polls Show SYRIZA, New Democracy Both in First
ATHENS – After trading places with the New Democracy Conservatives in the race to see who will win the critical June 17 elections that could determine whether Greece will leave the Eurozone and into what critics said would be...
Economy
IMF Chief, Germany, Getting Tough With Greece
Greece should not be complacent now that it’s getting a second bailout to prop up its failed economy, International Monetary Fund chief Christine Lagarde and German Finance Minister Wolfgang Schaeuble – a constant critic – have warned in a...
Economy
IMF:Still Targeting 120% Debt-To-GDP Ratio For Greece
Further International Monetary Fund involvement in a Greek loan program must be fully financed and a debt deal with private bondholders must meet the IMF's preset debt target, a senior fund spokesman said Thursday.
Meanwhile, the bank group negotiating a...