GO
Loading...

Enter multiple symbols separated by commas

World Economy Economic Organizations

More

  • European Union officials hope Greece's third bailout deal will be in place by mid-August when Athens needs to make debt redemption payments to the European Central Bank. Greece has initiated the process for the payment of a total 6.25 billion euros to the ECB and the International Monetary Fund, Finance Ministry officials told Reuters.

  • ATHENS, Greece— Greece set a series of landmarks Monday it hopes will shore up its battered economy following months of crisis that threatened its place in the euro. Banks reopened after more than three weeks, and the cash-strapped country got enough money from European creditors to pay around 2 billion euros it owed to the International Monetary Fund.

  • PARIS, July 17- International Monetary Fund Director Christine Lagarde said on Friday the Fund could participate in a "complete" package to put the Greek economy back on track, make its debt sustainable and allow it to get its funding from financial markets. Asked on France's Europe 1 whether the IMF would participate in a third bailout for the country, Lagarde...

  • July 14- Greece will need far bigger debt relief than euro zone partners have been prepared to envisage so far due to the devastation of its economy and banks in the last two weeks, a confidential study by the International Monetary Fund seen by Reuters shows. European countries would have to give Greece a 30- year grace period on servicing all its European debt,...

  • IMF SAYS MASSIVE NEW DEBT RELIEF FOR GREECE NOT A "GIMMICK," WOULD GIVE COUNTRY DECADES FOR ECONOMY TO GROW.

  • July 14- Greece will need debt relief far beyond what euro zone partners have been prepared to consider due to the devastation of its economy and banks in the last two weeks, a confidential study by the International Monetary Fund seen by Reuters shows. The updated debt sustainability analysis was sent to euro zone governments late on Monday, hours after Athens...

  • *Euro zone says Greece must pass reform laws before bailout talks. *Without third bailout, bankrupt Greece will lose the euro. BRUSSELS, July 13- Euro zone leaders argued late into the night with near-bankrupt Greece at an emergency summit, demanding that Athens enact key reforms this week to restore trust before they will open talks on a financial rescue to keep it...

  • WELLINGTON, July 13- The euro fell in early trade on Monday as investors awaited the outcome of a meeting of euro zone leaders who are demanding tough reforms from Greece in exchange for a new financial plan to rescue the heavily indebted country from bankruptcy. Greece's 18 euro zone partners want Prime Minister Alexis Tsipras to push legislation through...

  • *Euro zone says Greece must pass reform laws before bailout talks. *Without third bailout, bankrupt Greece will lose the euro. BRUSSELS, July 12- Euro zone leaders told near-bankrupt Greece at an emergency summit on Sunday that it must restore trust by enacting key reforms before they will open talks on a new financial rescue to keep it in the European currency area.

  • *Without third bailout, bankrupt Greece will lose the euro. BRUSSELS, July 12- Euro zone leaders will fight to the finish to keep near-bankrupt Greece in the euro zone on Sunday after the European Union's chairman cancelled a planned summit of all 28 EU leaders that would have been needed in case of a "Grexit". European Council President Donald Tusk announced that he...

  • BRUSSELS, July 11- EU and IMF officials have given euro zone governments a positive assessment of Greece's request for a new bailout, a source close to the matter said, making it likely they will agree on Saturday to open talks on lending Athens tens of billions of additional euros. Experts from the European Commission, European Central Bank and the International...

  • BRUSSELS, July 11- The European Commission, European Central Bank and the International Monetary Fund have given a positive assessment of the Greek government's request to start negotiations on a new bailout, a person close to the matter said on Friday. The three institutions were asked by the ESM bailout fund to review proposals for economic reforms made by...

  • BRUSSELS, July 9- Proposals from Greece to explain how it will meet conditions for a new international bailout loan were received on Thursday by Jeroen Dijsselbloem, who chairs the Eurogroup of euro zone finance ministers, his spokesman said. The European Commission and European Central Bank will review the proposals. The International Monetary Fund is also...

  • WASHINGTON, July 9- The International Monetary Fund on Thursday trimmed its forecast for global economic growth for this year to take into account the impact of recent weakness in the United States. The IMF pinned much of the blame for the lower growth forecast on the United States. The IMF also said U.S. economic sluggishness had spilled over to Canada and Mexico.

  • WASHINGTON, July 9- The International Monetary Fund on Thursday said it seemed Greece's crisis and market volatility in China would not affect when the U.S. Federal Reserve chooses to raise interest rates. "From what I read... the Fed has more or less the same interpretation of the implications of the events in Greece and China as we do, which is that they are not of...

  • IMF says Greece spillovers limited to rest of world Thursday, 9 Jul 2015 | 9:36 AM ET

    WASHINGTON, July 9- Greece is a small part of the world economy, and its possible exit from the euro zone should have limited impact on the rest of the world, the IMF's chief economist said on Thursday, though he warned similar crises could happen in other countries. Greece is racing to find a last-minute third bailout from its IMF and European Union creditors to...

  • *55 percent probability Greece leaves euro zone- economists. *High risk of Greece defaulting on ECB debt payment on July 20. But months of negotiations between Athens and its creditors has so far yielded nothing and Greece became the first developed economy to default on a debt payment to the International Monetary Fund last month.

  • WASHINGTON, July 7- A global slowdown in economic growth, together with political and economic upheaval in places like Greece, the Middle East and Ukraine, could hurt U.S. growth going forward, the International Monetary Fund said on Tuesday. "Finally, risks from Russia/ Ukraine, Greece or the Middle East represent an unpredictable wild card with negative, but...

  • LONDON, July 6- Copper hit a five-month low on Monday after Greece edged closer to leaving the euro zone and top copper consumer China rolled out emergency measures to halt the stock market's slide but the metal saw no signs of panic selling. There was some hope in markets though after the International Monetary Fund said it ready to assist Greece if asked.

  • *Publication highlighted dispute between Brussels and Washington. BRUSSELS, July 3- Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece's debt burden which the leftist government says vindicates its call to voters to reject bailout terms, sources familiar with the situation said on Friday. The document released in...