Poul Thomsen
Economy
IMF: Greek Economy To Grow By 2.4 % In 2019
The International Monetary Fund (IMF) released its Regional Economic Outlook for Europe report on Thursday, making a more positive forecast regarding the prospects of the Greek economy than the European Commission in its Autumn Forecast report, released the same...
Economy
IMF Presses European Creditors for Greek Debt Relief Plan by Next Week
The International Monetary Fund is pressing Greece's European creditors to agree on a debt relief program as soon as next week to ensure that the fund has enough time to give money to the country.
Poul Thomsen, the IMF director...
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 Thomsen: Maturities Extension is Enough for Greek Debt Sustainability
In an interview with Austrian newspaper Der Standard, IMF's head of European department Poul Thomsen claimed that extending maturities of the Greek debt is enough to make it sustainable in the long run.
"Greece needs long term deadlines to pay...
Economy
IMF Not Asking Greece for More Fiscal Measures
The International Monetary Fund is not asking Greece to take any additional fiscal measures under the bailout programme, the head of the IMF's European Department Poul Thomsen told a news briefing.
"I do not see any need for additional fiscal...
Greece
IMF's Thomsen: No Stability Concerns Over Greek Banks
Poul Thomsen, Director of the European Department of the IMF, said there are "no concerns" about the stability of Greek banks and an asset quality review (AQR ) is not necessary, in an apparent shift on IMF’s previous statements.
Earlier,...
Economy
Greek PM Tsipras Invites IMF to Participate Financially in Greece's Bailout
Greek Prime Minister Alexis Tsipras has sent a letter of intent to the International Monetary Fund asking for its financial participation in the country's bailout program, according to a Kathimerini newspaper report.
In the letter seen by Kathimerini, Tsipras pledged...
Greece
German Newspaper: Individual Interests Delay Greece's Return to Normality
German newspaper Sueddeutsche Zeitung revealed on Saturday an internal document of the Eurogroup which shows that although Greece was praised for its progress, the loan disbursement was delayed because of a disagreement among the lenders.
"Greece must wait because they...
Economy
IMF's Thomsen: We Need More Realism in Assumptions and More Specificity About Greece's Economy
The International Monetary Fund's (IMF) European Department head Poul Thomsen said on Tuesday that his organization needs to see more realistic euro zone assumptions about Greece's economy as well as a detailed planned of debt relief measures for the...
Economy
IMF’s Thomsen Welcomes Greece’s Deal With Lenders
Poul Thomsen, director of the IMF’s European Department, welcomed on Tuesday the agreement achieved between the Greek government and its lenders saying it will allow fiscal policy to become more growth-friendly.
Speaking to journalists in a conference call, he said...