News by tag: IMF

21.07.2017

IMF approved $1.8 bln conditional loan for Greece

The International Monetary Fund’s board on Thursday approved a $1.8 billion loan to Greece — but will only release the money if the country gets debt relief from its European creditors. The IMF has praised Greece for taking steps to reduce its budget deficits, including expanding its tax base and cutting spending on pensions. But the lending agency is pressuring Greece’s eurozone lenders to provide enough relief to ensure the battered country can pay its bills.

 
Read More
04.07.2017

Schaeuble: Last time for IMF to sit around the table over Greek bailout

The International Monetary Fund, a key creditor in Greece’s bailout, will not participate in any further rescues of the debt—wracked country, Germany’s finance minister Wolfgang Schaeuble told a Greek newspaper today. “We have all acknowledged (eurozone and IMF) that the third Greek (bailout) payment will be the last with the participation of the IMF,” Schaeuble told Greek daily Ta Nea.

 
Read More
15.06.2017

Greece to get cash and ideas over debt relief

Greece's international lenders prepared on Thursday to unblock as much as €8.5 billion in loans that Athens desperately needs next month to pay its bills, and to give some idea of what debt relief they may offer over the long-term. One of the reasons why Greece's bailout program has stalled over the past few months has been a disagreement between the eurozone and the International Monetary Fund on debt relief. The IMF, which has contributed financially to Greece's first two bailouts but not the third, has wanted more information about what debt relief Greece may get before it gets more involved in the current program, which is due to end in the summer of next year.

 
Read More
19.05.2017

Greece adopts more austerity to unlock bailout

Greece's parliament has approved a new package of austerity measures needed to release the next instalment of its multi-billion-dollar bailout, as angry demonstrators protested outside parliament against the new round of austerity. The measures, which entail $5.4bn in cuts to be implemented in 2019 and 2020, were backed late on Thursday by all 153 members of parliament in Prime Minister Alexis Tsipras' ruling coalition after a fiery debate. The legislation was backed by all 153 deputies in Prime Minister Alexis Tsipras' left-led coalition. All 128 opposition lawmakers present in the 300-member parliament stood against the measures in a vote just before midnight.

 
Read More
02.05.2017

Greece's agreement reached over debt to avoid Grexit

Greece has reached a preliminary deal with its creditors that should pave the way for long-awaited debt relief talks, the Greek finance minister said Tuesday. “The negotiations are concluded,” Euclid Tsakalotos told reporters, according to state agency ANA. After overnight talks, Tsakalotos said a “preliminary technical agreement” had been achieved ahead of a May 22 meeting of eurozone finance ministers, which is required to approve the deal. Talks on the deal, which includes labour and energy reforms as well as pension cuts and tax rises, had dragged on for half a year mainly due to a rift between the European Union and the International Monetary Fund over fiscal targets. 

 
Read More
08.11.2016

Lagarde: equal pay for men and women is the goal

Christine Lagarde, the chief of the International Monetary Fund, called on governments and businesses to do more to promote the same economic opportunities for men and women and to fight discrimination that interferes with those goals.

 
Read More
12.10.2016

A low point in the rates?

In September, the main focus was once again the central banks, the ECB first of all, then the Bank of Japan and the Fed. Expectations were high in all three cases. To announce additional monetary easing in the first two, and guidance on anticipations and credibility in the third. The first two disappointed the market, announcing measures that fell well short of investor anticipations. Already in July, the BoJ opted to keep things as they stood even though a large proportion of investors expected to see further monetary easing. The Fed, for its part, struggled to overcome internal divisions and look beyond a month-by-month horizon, at the risk of making mistakes in its growth projections and damaging its credibility.

 
Read More
10.10.2016

IMF: special status on greek debt's crisis

The International Monetary Fund (IMF) will not join the Greek bailout program but will accept a special role as advisory status with limited powers, according to Reuters’ sources. “A special advisory status with limited powers that keeps IMF at the table”, looks like the most possible scenario, Reuters reporting two senior sources.

 
Read More
05.10.2016

IMF cuts forecasts global growth

The IMF maintened its forecast for weak economic growth in the advanced economies on Tuesday while citing increasing risks from isolationist sentiment, but upgraded its outlook for emerging markets. "Compared to the 1998‑2007 averages, long‑term potential growth is now projected to be lower in all regions", it wrote in the statement.

 
Read More
15.09.2016

IMF approved $1 bn aid tranche for Ukraine

The  International Monetary Fund (IMF), after an year's delay, has approved a $1 billion aid tranche for Ukraine from its $17.2 billion bailout program. The IMF will disburse an additional $1 billion (889.3 million euros) to Kyiv, the fund's first aid package for the country since the $17.5 billion program was held up in August 2015. The latest decision brings the total amount of aid disbursed to Ukraine by the IMF to $7.62 billion. "The positive decision by the IMF is evidence that the world recognizes that reforms are happening in Ukraine, that real and positive changes are happening in Ukraine, and that the country is moving in the right direction," Poroshenko said in a statement.

 
Read More

Events


Semptember 2015
  • 23
    Aug

    Regulierung – seit der Finanzkrise prägt der Ruf nach mehr Kontrolle das Banking: Wegen regulator

  • 24
    Aug

    Die Fonds-Konferenz der SKSF ist eine wichtige, branchenspezifische Plattform für Wissens- und Erfa

  • 02
    Sep

    2 evenings to find out about the latest from the digital industry & 2 days to find ideas and to crea

  • 11
    Sep

    ICDA will return this year to its alpine home for the 38th Bürgenstock Meeting.

  • 12
    Sep

    The objective of the Conference is to bring together all the diverse stakeholdersinterested in a pol

See All

newsletter

Updates and news from MarketPlus

Market Overview
SMI® PR8874.35-0,80 %
LYXOR DAX INAV116.112-0,31 %
FTSE MIB Index21815.000,12 %
FTSE 1007323.98-0,87 %
CAC 405114.15-0,64 %
S&P 5002425.55-0,18 %
NASDAQ Composite6216.5269-0,09 %
HANG SENG INDEX27047.57-1,10 %
Powered by Yahoo Finance