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  • LONDON, Feb 24- Portugal's government debt market is likely to benefit more than any other in the euro zone from the European Central Bank's bond-buying programme that starts next month. While Portugal's total debt is one of the highest in the bloc, having been bailed out by the International Monetary Fund and the European Union during the debt crisis, its stock...

  • BRUSSELS, Feb 24- Greece sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight that was "a valid starting point" for talks over its bailout, a source close to the European Commission said on Tuesday. Greece needed to present its plans as a condition for extending its bailout program for an additional...

  • BRUSSELS, Feb 24- Greece has sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight, a source close to the European Commission said on Tuesday. Greece needed to present its plans as a condition for extending its bailout programme for an additional four months, in a deal struck with euro zone partners on...

  • BRUSSELS, Feb 24- Greece sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight, a source close to the European Commission said on Tuesday. "In the Commission's view, this list is sufficiently comprehensive to be a valid starting point for a successful conclusion of the review," the source said.

  • WASHINGTON, Feb 19- The International Monetary Fund on Thursday said it is confident Ukraine should get an overall $40 billion financing package to support its economy, without providing details about the breakdown of funds. The IMF last week said its staff had reached an agreement with the Ukraine government on a new economic program with about $17.5 billion...

  • WASHINGTON, Feb 19- All parties involved in the debt negotiations between Greece and its European partners are trying to minimize risks to financial stability, a spokesman for the International Monetary Fund said on Thursday. Some outside observers have warned that Greece could run out of cash and be forced to exit the euro zone if it did not agree on a six-month...

  • UPDATE 1-OECD raises Italy 2015 GDP forecast to 0.6 pct Thursday, 19 Feb 2015 | 8:12 AM ET

    *Warns market sentiment could turn on Italy. Italy has not posted a single quarter of growth since the middle of 2011.. The 114- page report on Italy's economy contained a 2015 growth forecast of 0.4 percent, but the OECD's head Angel Gurria told reporters at a presentation that the most recent developments had prompted an upward revision.

  • LONDON, Feb 18- The European Union looks set to reduce capital charges on some securitised debt to revive a market that triggered the global financial crisis, but is now seen as key to funding the region's flagging economy. The EU's executive European Commission said it was planning to create a new class of high quality, simple, asset-backed securities that could...

  • ATHENS, Feb 17- A combative Greek Prime Minister Alexis Tsipras said on Tuesday his government would not succumb to blackmail from its euro zone partners and was in no hurry to reach a new debt agreement. His Syriza party intended to keep its promises to end the austerity imposed by the European Union and International Monetary Fund under Greece's bailout deals.

  • BRUSSELS, Feb 12- Greece agreed on Thursday to talk to its creditors about the way out of its hated international bailout in a political climbdown that could prevent its new leftist-led government running out of money as early as next month. Prime Minister Alexis Tsipras, attending his first European Union summit, agreed with the chairman of euro zone finance...

  • UKRAINE PM YATSENIUK, SPEAKING OF FUTURE IMF AID PACKAGE, SAYS 2016 COULD BE YEAR OF ECONOMIC GROWTH IF "RUSSIAN AGGRESSION" IS HALTED AND INTERNAL REFORMS ARE A SUCCESS.

  • MUMBAI, Feb 12- The United States will "push back very hard" against countries that target weaker exchange rates to gain an unfair trade advantage, Treasury Secretary Jack Lew said on Thursday, driving home concerns he expressed to the Group of 20 this week. He urged Europe to make greater use of fiscal policy to reinforce monetary stimulus to boost growth.

  • CAIRO, Feb 11- The International Monetary Fund said on Wednesday that Egypt's structural and monetary reforms were starting to produce a turnaround in the economy, which has been hit by persistent turmoil since 2011.. Egypt's current government has since embarked on a series of reforms, and asked the IMF to assess its financial and economic condition in the...

  • CAIRO, Feb 11- The International Monetary Fund said on Wednesday that Egypt's structural and monetary reforms were starting to produce a turnaround in the economy, which has been hit by persistent turmoil since 2011.. However, Egypt has received billions of dollars in aid from Gulf states since ex-army chief Abdel Fattah al-Sisi ousted president Mohamed...

  • UPDATE 1-Greece, OECD agree to work together on reforms Wednesday, 11 Feb 2015 | 6:06 AM ET

    ATHENS, Feb 11- Greece and the OECD agreed on Wednesday to work together on reforms to the Greek economy, but Athens insisted it would not let outsiders decide what policies it should adopt. Speaking ahead of a meeting of euro zone finance ministers in Brussels, where Greece will present a demand for an end to its international bailout and a transition to a new debt...

  • Chinese economy more sustainable now - China c.bank Tuesday, 10 Feb 2015 | 8:55 PM ET

    BEIJING, Feb 11- China's economy is now more sustainable and domestic consumption is steadily rising, Chinese Central Bank Vice Governor Yi Gang told a G20 meeting of finance officials earlier this week. To stoke growth and bank lending, China's central bank last week reduced the amount of cash that banks have to hold as reserves for the first time in over two...

  • ISTANBUL, Feb 10- Following are the key points of a communique released by G20 finance officials at the end of a two-day meeting in Istanbul. -Growth in the global economy remains uneven and although the recovery is in progress, it is slow, especially in some advanced economies, notably the euro area and Japan. We continue to urge the United States to ratify the 2010...

  • ISTANBUL, Feb 10- G20 finance officials painted a downbeat picture of the world economy on Tuesday and vowed to use monetary and fiscal policy to boost activity if needed. A communique released at the end of a two-day meeting of finance ministers and central bankers in Istanbul, said: "We will continuously review our monetary and fiscal policy settings and act...

  • ISTANBUL, Feb 10- Bank of Canada Governor Stephen Poloz insisted on Tuesday that he has not been talking down the Canadian dollar, saying it has fallen because of economic developments, particularly the collapse in the price of oil. Poloz, who moved over from Export Development Canada in mid-2013, has often spoken of the need for exports to take over as a main...

  • OTTAWA, Feb 10- The oil price shock has been front and center at meetings of the Group of 20 leading economies, Bank of Canada Governor Stephen Poloz said on Tuesday, but nothing he has heard at the talks so far has changed his economic outlook. Speaking in an interview with Reuters and another news outlet, Poloz also rejected the notion that he has been purposefully...