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  • Not the big beasts in the core, but the once-struggling peripheral economies of Spain and Ireland. Spain and Ireland have suffered badly over the past few years as their banks have creaked under the weight of lending into now-burst housing bubbles. Ireland was bailed out by the European Union and International Monetary Fund.

  • *Cool economic winds blow in from China. BRUSSELS/ FRANKFURT, July 27- The International Monetary Fund warned on Monday that the euro zone's prospects were modest and that more money printing than planned may be needed. Worries about the global economy, prompted by a slowdown in China where shares slid more than 8 percent on Monday, are weighing on many countries in...

  • BRUSSELS, July 27- Euro zone growth will be subdued over the medium term and the European Central Bank may need to extend its money-printing programme for longer than planned, the International Monetary Fund said on Monday. Mahmood Pradhan, deputy director of the IMF's European department, said the ECB needed to carry out its quantitative easing programme,...

  • ATHENS, July 25- Talks between Greece and its international creditors over a new bailout package should go ahead on Monday after logistical issues that delayed meetings this week are resolved, a Greek official said on Saturday. The meetings with officials from the European Commission, European Central Bank and International Monetary Fund had been expected...

  • Greek bailout talks to start on Monday after delay Saturday, 25 Jul 2015 | 8:01 AM ET

    ATHENS, July 25- Talks between Greece and its international creditors over a new bailout package should go ahead on Monday after logistical issues that delayed meetings this week are resolved, a Greek official said on Saturday. The meetings with officials from the European Commission, European Central Bank and International Monetary Fund had been expected...

  • GENEVA, July 24- The World Trade Organization finalized a list of 201 information technology products to be freed from import tariffs in a $1.3 trillion deal on Friday, but said it was still short of the critical mass of countries needed to put it into force. Removing tariffs on trade worth $1.3 trillion is expected to give a $190 billion boost to the world economy.

  • WASHINGTON, July 23- A further rise in the U.S. dollar as the monetary policy gap between the United States and other major economies widens could have a significant negative impact on other countries, the International Monetary Fund warned on Thursday. In its annual spillovers report, the IMF said lower oil prices, more monetary stimulus in the euro zone and...

  • TOKYO, July 23- Japan must avoid overly relying on a weak yen to reflate the economy by deploying a new round of structural reforms such as steps to boost labour market participation, the International Monetary Fund said on Thursday. "With the depreciation of the yen... further monetary easing without bold structural reforms and a credible medium-term plan could...

  • IMF warns Japan must avoid over-reliance on weak yen Thursday, 23 Jul 2015 | 8:59 AM ET

    TOKYO, July 23- Japan must avoid overly relying on a weak yen to reflate the economy by deploying a new round of structural reforms such as steps to boost labour market participation, the International Monetary Fund said on Thursday. The IMF said further declines in the yen relative to its 2014 average was beneficial for Japan's economy. Premier Shinzo Abe's...

  • BRUSSELS/ ATHENS, July 21- Greece and its euro zone partners formally launched talks on July 17 designed to lead to a third bailout programme for Athens that could total 86 billion euros over three years. Greece also secured bridge financing of 7.16 billion euros on the same day for a three-month period to tide it over until the bailout package is agreed.

  • WASHINGTON, July 20- The International Monetary Fund on Monday named as its new chief economist Maurice Obstfeld, an academic and White House economic adviser known for his work on money flows and international finance. Obstfeld, currently on leave from the University of California, Berkeley to serve on President Barack Obama's Council of Economic Advisers,...

  • Greece reopened its banks and ordered billions of euros owed to international creditors to be repaid- the first cautious sign of a return to normal after weeks of negotiations with its euro zone partners over a cash-for-reform deal. Greece has initiated payment of a total 6.25 billion euros to the ECB and the International Monetary Fund, Finance Ministry...

  • 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.

  • 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.