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  • AP Interview: Greece's repayments to ECB need discussion Saturday, 28 Feb 2015 | 12:48 PM ET

    ATHENS, Greece— Greece will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but repayments to the European Central Bank are "in a different league" and will need discussion with Greece's creditors, the country's finance minister said Saturday. In an interview with The Associated Press, Yanis Varoufakis also said...

  • Armenia's GDP growth slows to 3.4 pct in 2014 Friday, 27 Feb 2015 | 7:16 AM ET

    YEREVAN, Feb 27- Armenia's gross domestic product growth slowed to 3.4 percent in 2014 from 3.5 percent in 2013, and was down from an initially projected 5.2 percent, the National Statistics Service said on Friday. It also belongs to Russian President Vladimir Putin's Eurasian Union, a bloc he hopes will rival the European Union. The International Monetary Fund...

  • ACCRA, Feb 26- Ghana and the International Monetary Fund reached agreement on Thursday on a three-year funding deal they hope will restore fiscal stability to an economy hailed until recently as an African star. For years Ghana's economy grew at around 8 percent on the back of gold, cocoa and oil exports and it was rated one of the most attractive countries in...

  • IMF reaches staff agreement with Ghana on $940 mln loan Thursday, 26 Feb 2015 | 11:29 AM ET

    WASHINGTON, Feb 26- The International Monetary Fund staff has reached agreement with the government of Ghana for a roughly $940 million loan to help the African nation stabilize itself after three years of declining economic growth and ballooning debt. "Ghana experienced three difficult years characterized by declining economic growth, increasing...

  • WASHINGTON, Feb 25- The International Monetary Fund on Wednesday said it was ready to assist Ukraine with its foreign currency issues, amid a steep fall in the country's hryvnia currency. The IMF also said it was still waiting for Ukraine to complete prior actions before it could bring the loan program for approval to its board. But it emphasized that the funds...

  • Papaconstantinou, who served under former socialist premier George Papandreou in 2009-2011, showed no emotion as he appeared before a special court in Athens. They are among the names of holders of HSBC accounts in Switzerland obtained by France in 2010 when Christine Lagarde, now the International Monetary Fund chief, was the country's finance minister.

  • ATHENS, Feb 25- Greece has no immediate problem with government liquidity, but faces trouble in making debt payments to the IMF and European Central Bank in the spring and summer, Finance Minister Yanis Varoufakis said on Wednesday. A finance ministry official said on Tuesday that Greece expected to start discussions immediately with its EU/IMF partners on...

  • ATHENS, Feb 24- Greece expects to start discussions immediately with its EU/IMF partners on filling the state's funding gap, a finance ministry official said on Tuesday. Following interest payments this month of about 2 billion euros to private bondholders and official lenders, Greece must repay an International Monetary Fund loan of around 1.6 billion that...

  • Feb 24- Greece's reform plan is sufficient to continue giving the country aid but is lacking necessary detail, International Monetary Fund Christine Lagarde said on Tuesday. In a letter to Eurogroup President Jeroen Dijsselbloem, Lagarde said the Greek list was comprehensive but "not very specific". "In some areas like combating tax evasion and corruption I am...

  • 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...

  • BERLIN, Feb 24- Greece has pledged to not roll back any ongoing or completed privatizations and ensure that any efforts to address a "humanitarian crisis" does not hurt its budget, according to a document containing its reform plans seen by Reuters on Tuesday. Athens sent the list of reforms to its European Union and International Monetary Fund creditors late on...

  • 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 23- The International Monetary Fund on Monday signed off on a three-year, 1.2 billion euro loan program for Serbia to help the eastern European country restore its financial health and reassure investors. The IMF said Serbia plans to treat the funds as precautionary, as it seeks to deal with a ballooning deficit and public debt since the onset of...

  • Athens clinched a last-minute deal late on Friday to avoid a banking collapse by accepting a conditional extension of its bailout programme. If the European Commission, the European Central Bank and the International Monetary Fund are satisfied, the Eurogroup is likely to endorse the list in a teleconference without the need for a formal meeting.

  • TBILISI, Feb 19- Georgia's central bank sold $40 million in foreign currency on Thursday to support the weakening lari currency, and the government said it planned to ask the International Monetary Fund for more financial aid. It was the bank's second attempt this year to support the currency after it sold $40 million on Feb. 11, the same day that it raised its...

  • 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...

  • KIEV, Ukraine— Ukraine's finance minister rejects the notion that the country's Western bailout lenders might waver in their support in coming years as the bill for rescuing states in the region— including Greece— creeps higher. So even though the European Union and the International Monetary Fund are involved in aiding several countries at once, there is no...