IMF
Economy
IMF: Greece Should Broaden Tax Base
Greece should consider broadening its tax base and possibly accelerate lowering the threshold for tax-free incomes for 2019 instead of 2020, said IMF Director for European Affairs Poul Thomsen on Friday.
Speaking during the International Monetary Fund and World Bank...
Economy
IMF's Lagarde: Greece Must Implement Reforms
The International Monetary Fund (IMF) is committed to continuing its support of Greece after the end of the fiscal program in August, but there is work that the country still needs to do, especially in structural reforms, IMF Managing...
Economy
Greek Debt-Relief Talks Shift to Washington
Brussels and Athens are now turning their attention to Washington, where critical discussions on Greek debt relief will be held on the sidelines of the IMF and World Bank spring meeting.
According to Athens-Macedonian News Agency (AMNA)'s sources, the Europeans...
Economy
IMF Estimates Lower Growth Rate for Greece
The IMF new assessment for growth in Greece is at 2 percent of gross domestic product, lower than the 2.6 percent forecast six months ago, according to the Fund's latest report.
According to the Athens-Macedonian News Agency, the International Monetary...
Cyprus
IMF Says Cyprus Needs to Tackle Bad Loans
Cyprus needs to make reforms to cut the number of bad loans in the island's troubled economy, the IMF has said.
A post-bailout monitoring team from the IMF was in Cyprus for the second half of March and recently filed...
Economy
IMF Head: Creditors Have 'Legitimate Interest' in Supervising Greece
Greece will likely remain under some kind of foreign supervision despite exiting its bailout program in August it has been claimed.
Head of the IMF, Christine Lagarde, told a German newspaper that creditors had a "legitimate interest" in monitoring Greece...
Economy
EU: Greece Needs to Close Pending Prerequisites before Disbursement of Loan Tranche
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...
Economy
IMF's 'Iron Lady' in Greece to Move On
The head of the IMF team in Greece, Romanian economist Delia Velculescu, is to leave her post after three years in the job, local media reported on Friday.
Velculescu is to be replaced by Peter Dolman, a U.S. official who has...
Economy
IMF Chief Congratulates Tsipras on 'Reforms'
A high-profile meeting between Greek premier Alexis Tsipras and IMF head Christine Lagarde has ended in Davos, Switzerland.
Lagarde tweeted shortly after Thursday's meeting: "We agreed to work together toward the shared goals of completing reforms and securing debt relief...
Business
IMF's Lagarde: Greece Now Better Equipped for Economic Growth
Greece is now better equipped to achieve economic growth in the future after the structural reforms it has implemented due to the bailout terms, the head of the International Monetary Fund (IMF), Christine Lagarde, told German broadcaster ARD.
"We can...