GO
Loading...

Enter multiple symbols separated by commas

International Organizations IMF

More

  • *IMF always believed Greece's debt was unsustainable. WASHINGTON/ ATHENS, Aug 28- Many of the top brass of the International Monetary Fund always had concerns about the plans to bail out Greece. He slammed IMF forecasts for Greece as overly optimistic- "Panglossian."

  • WASHINGTON, Aug 27- The International Monetary Fund on Thursday urged all investors holding Ukrainian sovereign bonds denominated in euros to embrace a debt relief deal struck earlier in the day between Kiev and a committee of creditors. "We welcome today's agreement," IMF Managing Director Christine Lagarde said in a statement, adding that the deal could help...

  • IMF official says "premature" to speak of Chinese crisis Saturday, 22 Aug 2015 | 10:19 AM ET

    RIMINI, Italy, Aug 22- China's economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world's second biggest economy, a senior International Monetary Fund official said on Saturday. Fresh evidence of easing growth in China hammered global stock markets on Friday, driving Wall Street to its steepest one-day...

  • NEW YORK, Aug 21- Colombia slashed its gold holdings by two-thirds last month, adjusting its reserves for the first time in years, as spot prices sank in a bullion rout, International Monetary Fund data showed on Friday. The reason for and timing of the move are not known, but it came as institutional and speculative investors pulled more cash en masse from...

  • WASHINGTON, Aug 19- The International Monetary Fund said on Wednesday it will freeze its benchmark currency basket until October 2016, giving markets more time to adjust to the possible addition of China's yuan as part of a review of global reserve currencies. Beijing, keen for its currency to have equal billing with the euro, yen, pound and dollar, has been pushing...

  • IMF: China must wait to join exclusive currency club Wednesday, 19 Aug 2015 | 1:28 PM ET

    WASHINGTON— China must wait until at least next year to join an exclusive club of the world's top currencies, the International Monetary Fund said Wednesday. China, world's second-biggest economy, had wanted the IMF to include its currency, the yuan, in the basket along with the U.S. dollar, euro, British pound and Japanese yen starting Jan. 1. China sets a daily target...

  • WASHINGTON, Aug 19- The International Monetary Fund said on Wednesday it will freeze its benchmark currency basket until October 2016, giving markets more time to adjust to the possible addition of China's yuan as part of a review of global reserve currencies. Beijing, keen for its currency to have equal billing with the euro, yen, pound and dollar, has been pushing...

  • The European Stability Mechanism board said it "will provide up to 86 billion euros in financial assistance to Greece over three years." Greece is due to make a new debt payment to the European Central Bank on Thursday. Despite International Monetary Fund calls for debt relief for Greece, many nations remain opposed and no such move will be examined by those...

  • The complicated China adjustment Monday, 17 Aug 2015 | 10:12 AM ET
    The complicated China adjustment

    An IMF official said the yuan reforms may bring China "close" to a floating rate. Markus Rodlauer, IMF's mission chief for China, explains the economic adjustment happening in China.

  • BERLIN, Aug 17- Leaders of Chancellor Angela Merkel's German conservatives largely support Greece's new bailout plan before a parliamentary vote this week, but top party officials want the IMF to take part, sources involved in party talks on Monday said. A German Finance Ministry official also described involvement by the International Monetary Fund as "...

  • Must coordinate with IMF on Greece: Merkel Monday, 17 Aug 2015 | 1:10 AM ET
    Must coordinate with IMF on Greece: Merkel

    German Chancellor Angela Merkel says she expects the IMF will be involved in the Greek bailout package.

  • *She rejects suggestions Berlin wants "German Europe". BERLIN, Aug 16- German Chancellor Angela Merkel tried to reassure skeptical lawmakers on Sunday that the International Monetary Fund would take part in a new bailout for Greece, before a parliamentary vote in which many of her conservatives may break ranks and reject the rescue. Lawmakers from her Christian...

  • BERLIN, Aug 16- German Chancellor Angela Merkel said on Sunday that she expected the IMF to participate in a new rescue package for Greece, saying the Washington- based institution's chief Christine Lagarde had promised to lobby for this with the IMF board. "The IMF took part in the negotiations. Merkel ruled out a so-called "haircut" on Greece's debt but said there...

  • *Parliament vote set for Weds morning, before Merkel Brazil trip. BERLIN, Aug 15- German Chancellor Angela Merkel will ask lawmakers to back an 86 billion euro bailout for Greece at a special session of parliament on Wednesday despite uncertainty about whether the International Monetary Fund is on board. The vote is shaping up as a major test for both Merkel and...

  • BERLIN, Aug 15- German Finance Minister Wolfgang Schaeuble said in an interview with Deutsche Welle published on Saturday that there was some room to extend maturities on Greek debt but that this room was limited. The International Monetary Fund has called for "significant debt relief" for Greece, describing this as a condition for its participation in a third...

  • IMF: Yuan reforms may bring China near floating rate Saturday, 15 Aug 2015 | 1:11 AM ET

    Recent changes to how China manages the yuan could bring the country "quite close to a float" in its exchange rate, a top IMF official said Friday.

  • WASHINGTON, Aug 14- Recent changes to how China manages its currency could bring the country "quite close to a float" in its exchange rate, a top International Monetary Fund official said on Friday in a review of the country's economy. The new system in theory could allow the currency value to move as much as 10 percent a week and be close to a rate that markets might set...

  • BRUSSELS, Aug 14- Eurogroup chairman Jeroen Dijsselbloem said Friday's bailout deal would put Greece's debt on a sustainable path and followed very constructive cooperation with the Greek government. In a briefing following around six hours of talks in Brussels, Dijsselbloem also said he was optimistic the International Monetary Fund would be willing to...

  • Greek deal approved: Up to 86B euros for bailout Friday, 14 Aug 2015 | 4:42 PM ET
    Greek Finance Minister Euclid Tsakalotos listens his French counterpart Michel Sapin (R) during a euro zone finance ministers meeting in Brussels, Belgium, August 14, 2015. Euro zone finance ministers will discuss whether to agree a third bailout package for Greece on Friday at their meeting in Brussels after the Greek parliament voted to approve the terms.

    Eurogroup President Jeroen Dijsselbloem said Friday that the final issues on the bailout had been resolved.

  • WASHINGTON, Aug 14- The head of the International Monetary Fund on Friday pressed Europe to provide "significant" debt relief for Greece, saying Athens could not put its fiscal house in order on its own.