International Monetary Fund Stories
Greece Tourists Watch Debt Crisis Unfold As Residents Struggle With Closed Banks, Capital Control
Tourists in Greece reported empty restaurants, ATM lines and fuel shortages.
Macedonia Tells Banks To Pull Money From Greece
The move by Macedonia's central bank followed an announcement by Athens that it would introduce capital controls and keep banks shut on Monday.
Grexit 'Almost Inevitable' Says Austrian Finance Minister
Austria's finance minister says Greece could "under no circumstances blackmail the European Commission and the euro countries."
Greek Parliament Approves Referendum On Creditor Reforms Early Sunday Morning
"The creditors have not sought our approval but have asked for us to abandon our dignity. We must refuse."
Greek Crisis: Alexis Tsipras Calls Referendum On Creditor Bailout Terms
A Greek senior politician called for calm after people began lining up at ATMs following the announcement of a referendum on a proposed bailout deal.
Suicide Rates In Greece For Working-Age Men Spike As Economy Crumbles
A 35 percent spike in the suicide rate among working-age men has occurred since the implementation of strict austerity measures.
US And China Open Annual Dialogue With 'Candid, To-The-Point' Talks
The United States and China began three days of cabinet-level meetings aimed at managing the highly complex relationship between the world's two biggest economies, a senior U.S. official said.
Greece Default Update 2015: Eurozone Leaders To Hold Emergency Meeting After Greece Fails To Secure A Deal With Creditors
Athens and its creditors failed to secure a deal this week that would prevent the country from going bankrupt.
IMF Study Says Inequality Is Hurting Growth, Calls For Wealth Redistribution
An increase in the incomes of a country's richest people hurts its GDP, according to the IMF.
Greece Defies Creditors As Markets Tumble On Default Fears
With less than a week to negotiate a deal with its international creditors, Greece submitted Friday a plan containing elements already rejected days before.
Ex-IMF Chief Dominique Strauss-Kahn Found Not Guilty In 'Aggravated Pimping' Case
If convicted, Dominique Strauss-Kahn — once tipped to become the president of France — would have faced 10 years in prison.
Greece, International Monetary Fund Bailout Negotiations Stall; EU Tells Greek PM Alexis Tsipras To Stop 'Gambling'
The International Monetary Fund unexpectedly announced bailout talks with Greece stalled amid a failure to make progress, risking a default from Athens and exit from the eurozone.
Seeking Compromise Deal, Greece Warns It Might Skip IMF Payment
Greece's international creditors signaled on Wednesday they were ready to compromise to avert a default even as a defiant Athens warned it might skip an IMF loan repayment due this week.
Greek Prime Minister Alexis Tsipras Negotiates In Brussels: 4 Things To Know About Greece's Debt Crisis
Exiting the eurozone would likely send Greece back into recession, but it could also allow it the freedom to devalue a new currency and boost foreign trade.
Greece Will Not Make IMF Repayment Due In June: Interior Minister
Interior Minister Nikos Voutsis says Greece would not pay the 1.6 billion euros due next month because the money was "not there to be given."
Venezuela's Currency Sinks To Record Low On The Black Market
The gap between Venezuela's official and unofficial exchange rates makes it simultaneously one of the cheapest and most expensive countries in the region.
US Economy Suffers From ‘Too Much Finance,’ Says New IMF Study
Economists at the International Monetary Fund released new research that examines how an outsized financial sector harms the economy.
Oil Market Volatility Threatens Global Economy In The Long Run, Economists Warn
Lord Nicholas Stern, a prominent climate change economist, warns that oil market volatility could harm businesses and jobs.
Greece Slashes Economic Growth Forecast Again In Latest Reform Plan
Greece's government forecast economic growth at more than 0.8 percent this year, well below the 1.4 percent it estimated in March.
Greece Nazi Occupation: Athens Metro Screens Show Film Demanding German Reparations For World War II
Featuring footage of the Nazi occupation during World War II, a 50-second video focused on reparations has been shown in 35 metro stations in Athens.
Greece Aims For Deal With Lenders, IMF Hard On Reforms: Minister
Struggling amid a cash crunch, Athens faces debt repayments to the IMF totaling nearly 1 billion euros this month.
Greece Offers Concessions At Key Euro Zone Meeting; Fails to Convince Creditors
Greece's finance minister had said the country can compromise on retirement, privatization and taxation.
Talks With Greece Have Gained Momentum But Still Long Way From Target: IMF
Athens has been stuck in negotiations with its euro zone partners and the IMF over lender-specified economic reforms.
Greece Promises 'Compromise' With Creditors, But Markets, Political Leaders Fear Default
The country's finance minister pledged to "compromise, but not be compromised," but investors are betting on a default.
West Africa Seeks $5-6 Billion Aid, Debts Canceled: Sierra Leone's Koroma
The Ebola-stricken nations are asking international donors to cancel their debts and give them $5-6 billion over two years to rebuild their economies, devastated by the deadly disease, Sierra Leone's president said.
Latin American Economic Future Looks Grim Thanks To Commodity Prices: IMF World Economic Outlook
Exporters Venezuela, Brazil and Argentina see less income for their struggling economies, International Monetary Fund data say.
IMF Says Currency Shifts Support Global Economic Growth
The IMF has cautioned that the economic recovery remains "moderate and uneven," beset by greater uncertainty and many risks.
IMF Chief Christine Lagarde Warns Of Mediocre Economic Growth In Emerging Markets
Emerging markets need to combat increasing risks to global financial stability, the International Monetary Fund's leader says.
Greece Meets IMF Loan Deadline Despite Battered Finances
Greece announced on Thursday that it had given the order to repay a loan installment from the International Monetary Fund worth about $485 million.
Greek Premier Alexis Tsipras Visits Moscow As Loan Deadline Looms
An anonymous Russian official told local media that the country was "ready to discuss the possibility of granting Greece new loans."