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  • 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...

  • WASHINGTON, Feb 18- The United States urged Greece on Wednesday to strike a deal with European authorities and the International Monetary Fund over a financial lifeline for the debt-laden nation, warning that failure to reach agreement would lead to immediate hardship. "urged Greece to find a constructive path forward in partnership with Europe and the IMF," a...

  • TOKYO, Feb 18- Global growth remains uneven and fragile, and the weaker-than-envisaged global economy poses important challenges to developing Asia, a senior IMF official said, citing weak investment as a key negative factor in the region. The global economy faces the prospect of subpar growth, despite a boost from the recent drop in oil prices, with diminished...

  • BELGRADE, Feb 17- The sale of Serbia's sole steel mill to U.S. firm Esmark collapsed on Tuesday, in a blow to government efforts to rein in spending under the terms of a loan deal with the International Monetary Fund. The steel mill has been draining $120 million per year in taxpayers' money since Serbia bought it back from U.S. The government committed to cut...

  • 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.

  • KIEV, Feb 13- Ukraine expects to receive up to $15 billion from debt talks with private sector creditors, a finance ministry spokeswoman said on Friday, after the International Monetary Fund announced a bigger, longer-term bailout plan. "Debt negotiations should lead to up to $15 billion," the spokeswoman told Reuters in an email. Of that sum, the IMF has pledged...

  • KIEV, Feb 13- Ukraine expects to receive up to $15 billion from debt talks with private sector creditors, a finance ministry spokeswoman said on Friday, after the International Monetary Fund announced a bigger, longer-term bailout plan. "Debt negotiations should lead to up to $15 billion," the spokeswoman told Reuters in an email. Of that sum, the IMF has pledged...

  • BRUSSELS, Feb 12- Greek negotiators will meet officials of the troika of EU, ECB and IMF soon, most likely in Brussels on Friday, to prepare Monday's key Eurogroup meeting on debt talks, an EU official said on Thursday, raising hopes of a possible deal. EU officials said Dijsselbloem and Alexis Tsipras agreed not to issue a formal written statement on the move but to...

  • Seven countries in the euro zone have debt ratios above this, according to Eurostat: Portugal, Ireland, Italy, Belgium, Cyprus, Spain and France. With around 90 percent of Greece's debt owed to public bodies including its euro zone partners, the bloc's EFSF bailout fund and the International Monetary Fund, the make-up of Greece's debt is unique in the single...

  • MINSK, Feb 12- The leaders of Germany, France, Russia and Ukraine have agreed a deal to end fighting in eastern Ukraine, participants at the summit talks said on Thursday. The news came as Ukraine was offered a $40- billion lifeline by the International Monetary Fund to stave off financial collapse. The Minsk summit agreement offered hope for eastern Ukraine,...

  • *Russia and Ukraine agree ceasefire. They extended these gains after Russian president Vladimir Putin said Russia and Ukraine had agreed a ceasefire which will take effect from Feb. 15. This came as the International Monetary Fund announced a new $40 billion four-year funding programme for Ukraine.

  • KIEV, Feb 12- Ukrainian Prime Minister Arseniy Yatseniuk said on Thursday that a forthcoming IMF aid package presupposes "very difficult" reforms to fight corruption, overhaul the energy sector, cut state expenditure and reduce state bureaucracy. Yatseniuk said Ukraine expected $25 billion of IMF financial support as part of a four-year facility, including...

  • YATSENIUK SAYS FORTHCOMING IMF PROGRAMME PRESUPPOSES "VERY DIFFICULT" REFORMS TO FIGHT CORRUPTION, OVERHAUL THE ENERGY SECTOR, CUT STATE EXPENDITURE AND REDUCE STATE BUREAUCRACY.

  • YATSENIUK SAYS UKRAINE EXPECTS $25 BILLION OF IMF FINANCIAL SUPPORT IN FOUR-YEAR FACILITY, INCLUDING $17.5 BILLION TO STABILISE FINANCIAL SITUATION IN COUNTRY.

  • 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.