imf

Coronavirus: EU Finance Ministers Agree on 500 Billion Euro Rescue Package

Finance ministers from European Union have agreed a €500 billion ($540 billion) rescue package for the block’s countries hit hard…

5 years ago

Coronavirus: World Faces Worst Economic Fallout Since 1930’s Great Depression, Says IMF

IMF Managing Director Kristalina Georgieva has warned the coronavirus pandemic will turn global economic growth "sharply negative" this year. She…

5 years ago

IMF Chief Highlights Potential Disruptive Nature of Fintech

IMF chief Christine Lagarde has warned that giant tech companies might cause significant disruption to the world's financial system. She…

5 years ago

Greece Ends Three-Year Bailout Plan with EU

Greece has successfully completed a three-year eurozone emergency loan program worth €61.9 billion ($70.8 billion) to tackle its debt crisis.…

6 years ago

Greece Bailout: Eurozone Ministers Agree to Release Latest Tranche

Eurozone ministers have agreed to unlock the latest tranche of Greece's bailout cash. The bailout fund will disburse 8.5 billion…

7 years ago

Greece Bailout: IMF and EU Reach Common Position on How to Proceed

The institutions in charge of Greece's bailout have reached a "common position" on how to proceed, German finance minister Wolfgang…

8 years ago

Christine Lagarde Found Guilty of Negligence in Bernard Tapie Case

IMF managing director Christine Lagarde has been found guilty of negligence in Bernard Tapie case. However, France’s Court of Justice…

8 years ago

Christine Lagarde Goes on Trial In France

IMF managing director Christine Lagarde has gone on trial in France for negligence over a compensation payment made by a…

8 years ago

Ex-IMF Chief Rodrigo Rato Goes on Trial over Bankia Fraud

Ex-IMF chief Rodrigo Rato and 64 other bankers have gone on trial in Madrid over an alleged credit card racket…

8 years ago

IMF Responds to Greece over Wikileaks Report

The International Monetary Fund has dismissed reports that it is trying to push Greece towards default as "simply nonsense". "The…

9 years ago

Greece Demands Explanation from IMF over Wikileaks Report

Greece has challenged the International Monetary Fund (IMF) over a leaked conversation in which top officials allegedly discuss the Greek…

9 years ago

Christine Lagarde Faces Trial in France

IMF head Christine Lagarde is facing trial French trial for alleged negligence over a €404 million ($438 million) payment to…

9 years ago

Chinese Yuan to Be Included in IMF’s Currency Basket

China's currency, the yuan, will join the IMF's group of international basket of reserve currencies, the Fund is expected to…

9 years ago

Greece Bailout Deal Agreed by Eurogroup

Eurogroup has agreed a third bailout deal for Greece after the Greek parliament backed the plan. European Commission President Jean-Claude…

9 years ago

Greece Repays €2.05 Billion Arrears to IMF

Greece has cleared overdue debt repayments of €2.05 billion to the IMF and is no longer in arrears, the creditor…

9 years ago

Greece Bailout: IMF Criticizes EU Creditors over Bailout Terms

The International Monetary Fund (IMF) has attacked the EU over the terms of a bailout offered to Greece. The IMF…

9 years ago

Grexit: Greece Fails to Pay €1.6 Billion Debt to IMF

Greece has failed to repay €1.6 billion loan to the International Monetary Fund (IMF), hours after eurozone ministers refused to…

9 years ago

Greece Requests New Bailout Deal from Eurozone

Greece has requested a new bailout deal from the eurozone, just hours before it must repay €1.6 billion to the…

9 years ago

Greece Default: Banks Remained Closed as Capital Controls Will Be Imposed

Greece’s PM Alexis Tsipras has announced that the Greek banks are to remain closed and capital controls will be imposed.…

9 years ago

Greece to Hold Bailout Referendum on July 5

Greek PM Alexis Tsipras has announced a referendum on a controversial bailout deal with foreign creditors for July 5. In…

9 years ago

Greece Debt Summit: Alexis Tsipras Criticizes Creditors for Failing to Accept Reform Proposals

Greece PM Alexis Tsipras has criticized the country's international creditors for failing to accept his government's latest reform proposals. Alexis…

9 years ago

Greece Debt Summit: EU Ministers Try to Deadlock Debt Crisis

European leaders hold an emergency summit in Brussels that could break the deadlock around Greece's debt crisis. Greece’s Prime Minister…

9 years ago

Greece Crisis: Bank Stocks Fall on Debt Fears

Greece's biggest banks stocks have plunged on the Athens Stock Exchange, following a fresh blow to the country's debt negotiations.…

9 years ago

Greece Delays €300 Million Debt Repayment to IMF

Greece has announced it will delay June 5 €300 million ($330 million) debt repayment to the International Monetary Fund. The…

9 years ago

Greek Debt Crisis: PM Alexis Tsipras Submits Realistic Plan to Creditors

Greece has "a realistic" debt deal proposal, PM Alexis Tsipras has said. "We have submitted a realistic plan for Greece…

9 years ago