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International Organizations IMF

  • June 23- U.S. ratings agency Moody's Investors Service upgraded Greece's long-term issuer rating to' Caa2' from' Caa3' following the extension of a credit lifeline to the country by euro zone governments. The euro zone government had given Greece another 11th- hour credit lifeline worth 8.5 billion euros, last week. The International Monetary Fund Managing...

  • As part of the lifting of capital controls imposed during the 2008 financial crisis to stop money flooding out of Iceland, the bank wants to buy back the remaining assets- known as "offshore crown"- that were locked in Iceland during its eight years of controls. The International Monetary Fund on Thursday recommended Iceland roll back the reserve requirement on...

  • TOKYO, June 20- The International Monetary Fund will introduce a new facility to give countries swift access to short-term dollar funds to guard against a potential financial crisis, a Japanese government source with direct knowledge of the matter said on Tuesday. The move would come amid concern held by some analysts that the Federal Reserve's monetary...

  • TOKYO, June 20- The International Monetary Fund will introduce a new facility to give countries swift access to short-term dollar funds to guard against a potential financial crisis, a Japanese government source with direct knowledge of the matter said on Tuesday. The move would come amid concern held by some analysts that the Federal Reserve's monetary...

  • ABIDJAN, June 19- The International Monetary Fund's Executive Board approved $224.8 million in additional credit for Ivory Coast under an existing lending framework, it said in a statement on Monday. Ivory Coast has emerged from a 2011 civil war to become Africa's fastest growing economy, but the government has had to cut its budget this year amid falling cocoa...

  • TOKYO, June 19- The International Monetary Fund urged Japan to avoid withdrawing fiscal policy stimulus and said monetary policy should be loosened further if risks to the economy materialize, warning of weak consumption that remains vulnerable to external shocks. To clarify that stance and enhance communication of its policy, the central bank should "phase...

  • TOKYO, June 19- A senior International Monetary Fund official said on Monday that it was premature for the Bank of Japan to discuss an exit from massive monetary stimulus given that more time and efforts are needed to reach its 2 percent inflation target. "Right now there's a need for continued accommodation because the inflation rate in Japan remains well below...

  • TOKYO, June 19- A senior International Monetary Fund official said on Monday that it was premature for the Bank of Japan to discuss an exit from massive monetary stimulus given that more time and efforts are needed to reach its 2 percent inflation target. "Right now there's a need for continued accommodation because the inflation rate in Japan remains well below...

  • TOKYO, June 19- The International Monetary Fund urged Japan to avoid withdrawing fiscal policy stimulus and said monetary policy should be loosened further if risks to the economy materialize, warning of weak consumption that remains vulnerable to external shocks. To clarify that stance and enhance communication of its policy, the central bank should "phase...

  • TOKYO, June 19- The International Monetary Fund urged Japan to avoid withdrawing fiscal policy stimulus and said monetary policy should be loosened further if risks to the economy materialize, warning of weak consumption that remains vulnerable to external shocks. To clarify that stance and enhance communication of its policy, the central bank should "phase...

  • Euro zone governments threw indebted Greece another credit lifeline worth 8.5 billion euros on Thursday, offered further clarity on a roadmap to possible debt relief and the International Monetary Fund said it might join a bailout program after sitting on the fence for two years. A pro-government newspaper, Avgi, called it "The beginning of the end to the Greek...

  • What will debt relief look like for Greece?

    Zsolt Darvas, senior fellow at Bruegel, says debt relief could come as a cap on interest rate payments or longer grace periods.

  • Tourism, economy are improving: Egypt FinMin

    Amr El-Garhy, Egypt's minister of finance, weighs in on the return of tourism to his country and the IMF's lending program.

  • Greece finally in the clear?

    Greece, the IMF and Germany face some issues over debt restructuring, but the stakes are now lower, says William Adams, The PNC Financial Services Group.

  • Christine Lagarde

    The IMF wants Greek debt to become more sustainable before it contributes to the country's bailout program, Christine Lagarde told CNBC.

  • More predictable, certain Brexit better for UK: Lagarde

    Christine Lagarde, managing director of the IMF, says greater detail about Brexit will be needed before economic projections can be made for the U.K.

  • *Creditors agree Greece has pushed through reforms. LUXEMBOURG, June 15- Euro zone governments threw Greece another 11th- hour credit lifeline on Thursday worth $9.5 billion and sketched new detail on possible debt relief as the IMF finally offered to help out after two years of hesitation. The 8.5 billion euros of loans from the euro zone's 18 other states,...

  • *Creditors agree Greece has pushed through reforms. LUXEMBOURG, June 15- Euro zone lenders agreed on Thursday to lend 8.5 billion euros to Greece, pulling the country from the brink of default, and gave some details on possible debt relief in 2018 as the International Monetary Fund agreed to join the bailout. The decision was taken at a meeting of euro zone finance...

  • LUXEMBOURG, June 15- Greece said on Thursday a deal ending months of an impasse on its bailout programme offered markets greater clarity on future debt reprofiling for the indebted country and ease its return to debt markets. Greece's creditors said on Thursday they would release a further tranche of funds to Athens and the International Monetary Fund said it...

  • BERLIN, June 15- Greek Economics Minister Dimitri Papadimitriou has accused German Finance Minister Wolfgang Schaeuble of being "dishonest" by blocking debt relief for Greece despite his acknowledgement that Athens has implemented significant reforms. Euro zone finance ministers and the International Monetary Fund are expected to strike a compromise...