China's stock market selloff is unlikely to slow the Fed's path to rate hikes, unless it creates an economic slowdown that slams the global economy.» Read More
WASHINGTON— The International Monetary Fund plans to name White House economic adviser Maurice Obstfeld as its chief economist. Obstfeld, who is on leave from the University of California, Berkeley, replaces the retiring Olivier Blanchard. Obstfeld has written two influential textbooks on international economics, one with Nobel Prize winner and New York...
Marino Valensise,head of multi-asset at Baring Asset Management, talks about the future of Greece as its banks reopens and it repays the IMF.
WASHINGTON, July 20- Greece has repaid its arrears to the International Monetary Fund, worth about 2 billion euros, IMF communications director Gerry Rice said on Monday. "Greece is therefore no longer in arrears to the IMF," he said in a statement. "As we have said, the Fund stands ready to continue assisting Greece in its efforts to return to financial stability and...
Monday should have been a good day for Greece with banks re-opening and receiving over 7 billion euros in financing. But turns out, they don't have much to celebrate.
European Union officials hope Greece's third bailout deal will be in place by mid-August when Athens needs to make debt redemption payments to the European Central Bank. Greece has initiated the process for the payment of a total 6.25 billion euros to the ECB and the International Monetary Fund, Finance Ministry officials told Reuters.
Former ECB President Jean-Claude Trichet, shares his thoughts on whether Germany really wanted Greece out of the euro.
Former ECB President Jean-Claude Trichet, discusses Greece's growth crisis and the IMF.
CNBC's Michelle Caruso-Cabrera reports withdrawals are limited to 420 euros per week, checks are for deposit only and no cross-border transfers are allowed.
Richard Thaler, professor of behavioral science and economics at University of Chicago Booth School of Business, discusses Greece and Germany's relationship.
Ashoka Mody, former deputy director of the IMF, suggests that the fund should follow its own advice for creditors and write down Greek debt.
ATHENS, Greece— Greece set a series of landmarks Monday it hopes will shore up its battered economy following months of crisis that threatened its place in the euro. Banks reopened after more than three weeks, and the cash-strapped country got enough money from European creditors to pay around 2 billion euros it owed to the International Monetary Fund.
CNBC's Steve Liesman reports the latest developments involved with the Greece debt crisis including Germany backing bailout talks.
*China lifts reading of cenbank gold holdings by 57 pct. The figures make China the world's sixth largest official sector gold holder after the United States, Germany, the International Monetary Fund, Italy and France. China considers its gold holdings a state secret and does not report its holdings on a monthly basis to the International Monetary Fund as most...
The EU approves a short term loan of 7 billion euros to Greece. David O'Sullivan, European Union ambassador to the U.S., discusses weighs in with an analysis.
David Lipton, IMF deputy director, weighs in on the IMF's role in Greek's debt relief and Germany's hard line on Greece.
CNBC's Steve Liesman talks with David Lipton, IMF deputy director, about the politics of Greece's bailout, and the parameters set for restructuring.
PARIS, July 17- International Monetary Fund Director Christine Lagarde said on Friday the Fund could participate in a "complete" package to put the Greek economy back on track, make its debt sustainable and allow it to get its funding from financial markets. Asked on France's Europe 1 whether the IMF would participate in a third bailout for the country, Lagarde...
Bob Parker, senior advisor at Credit Suisse, comments on IMF assertions that Greek debt is unsustainable without restructuring.
CNBC's Steve Liesman reviews the week that was for Greece as ECB raises the emergency lending limit and discusses what Greece has yet to do.
KIEV, July 16- Ukraine's parliament has passed all the laws needed to receive a new tranche of loans amounting to over $3 billion under an IMF-backed bailout programme, Finance Ministry official Artem Shevalev said on Thursday. Ukraine has so far received $5 billion from the International Monetary Fund, out of an overall pledge of $17.5 billion.