International Monetary Fund Stories
Greek Government To Repay $494M IMF Debt, Says Will Meet 'All Obligations' To Its Creditors
The Greek government agreed to repay its debt by April 9 after a meeting with IMF chief Christine Lagarde.
Greece Drawing Up Contingency Plans To Nationalize Banks, Bring In Parallel Currency: Report
The country is involved in tense negotiations with international lenders, as it teeters on the brink of default on an IMF loan.
Greece Risks Running Out Of Cash By April 20, Scrambles On Reforms
Greece has received two bailouts worth $262 billion since 2010 but its economy has shrunk, partly due to austerity measures imposed by lenders.
ADB, IMF, World Bank To Cooperate With China-Led Asian Infrastructure Investment Bank, Leaders Say
IMF Managing Director Christine Lagarde says the fund would be “delighted” to work with the Asian Infrastructure Investment Bank.
EU To Tell Greece Time, Patience Running Out
Greece now risks running out of cash within weeks if it does not receive more aid.
Massive Protests Held Ahead Of European Central Bank Opening In Frankfurt, At Least 350 Arrested
The European Central Bank proceeded with the opening of its new headquarters on schedule, despite the protests.
India Better Prepared For External Financial Shocks: IMF
The Fed, at its meeting ending Wednesday, is expected to signal an increase in its ultra-low interest rates by as soon as June.
IMF Assumes Ukraine To Get $15.4 Billion From Creditor Talks: Reuters Exclusive
The IMF's bailout program for Ukraine assumes Kiev will be able to get $15.4 billion from talks with its creditors, according to four sources familiar with the IMF's documents, said an exclusive Reuters report.
Cash-Strapped Greece Repays First Part Of IMF Loan Due In March
Greece's newly elected government must pay a total of 1.5 billion euros to the IMF this month over two weeks starting on Friday.
Greece Submits Proposed Reforms To Creditors; Pledges Tax, Spending, Wage Changes
The proposed list of reforms comes after the failure of several previous rounds of talks between Greece and its creditors.
Greek Bailout Update: Greece, Eurozone Strike Debt Deal
The arrangement will extend the country's bailout program for four months.
Greek Debt Crisis: Government Requests Eurozone Loan Extension Ahead Of Deadline To Avoid Bankruptcy
The request was met with strong opposition from Germany, but the deal could save the country from bankruptcy and a Greek exit from the EU.
Greek Bailout Meeting 2015: Can Greece, Syriza Leader Alexis Tsipras Renegotiate The Country's Debt Package?
Greece’s Finance Minister is meeting with Eurogroup finance ministers in Brussels Monday to renegotiate the country's bailout package.
Topless Protesters Jump On Dominique Strauss-Kahn's Car As He Reaches Court For Trial
Dominique Strauss-Kahn is currently testifying at a trial in a French court over his involvement in an international prostitution ring.
Greenspan Warns Of Greece Euro Exit, Eurozone Collapse
Greece's attempts to renegotiate its bailout would likely be resolved only by the country leaving the eurozone, Alan Greenspan says.
Ireland Repays Significant Part Of IMF Debt 4 Years Early
Ireland’s economy has performed well since it left the so-called troika bailout program, with yields on the nation's debt now at record lows.
Dominique Strauss-Kahn, Former IMF Head, Goes On Trial For Pimping
The case addresses the latest in a string of sex-related allegations against the former IMF chief.
IMF Sets June Deadline For Progress On Governance Reforms
Finance chiefs around the world had previously given the U.S. a Jan. 1 deadline and threatened to move without it if it failed to do so.
UK 2014 Growth Fastest In 7 Years Despite Fourth-Quarter Slowdown
British gross domestic product grew by 2.6 percent in 2014 as a whole, the Office for National Statistics said on Tuesday.
Chinese Premier Li Keqiang Promises 10 Million New Jobs In 2015 Amid Slowing Growth
China’s leaders worry a rapidly cooling economy could lead to unemployment and social instability.
Wall Street's Week Ahead: Dow Jones Industrial Average Wavers After Syriza Party Wins Greek Elections
The Dow wavered Monday following a victory by Greece's anti-austerity party, with economists looking ahead to the Fed's two-day policy meeting.
Greek Leftists Syriza Aim For Landmark Election Win
The election is expected to bring radical leftist Syriza party to power. It has pledged to take on international lenders and roll back austerity measures.
Venezuela's Maduro Lays Out Economic Reform Plans In State Of The Union Address, Gets Panned
Venezuelan President Nicolas Maduro used his annual address to reassure the country about falling oil prices. He did not succeed.
Bank of England Dissenters Drop Call For Higher Rates: Minutes
British inflation last month unexpectedly tumbled to 0.5 percent, its lowest in more than 14 years and far below the BoE's 2 percent target.
Dow Jones Industrial Average Almost Flat As Volatility Lingers Ahead Of European Central Bank Announcement
U.S. markets managed to eke out a slight gain amid uncertainty about Asia and Europe.
UN Warns Of Increase In Global Unemployment, Says Bringing It Down A 'Daunting Task'
The United Nations said that high levels of unemployment among young people could eventually lead to "social unrest."
IMF Reduces 2015 Global Growth Forecast
Only days earlier, the World Bank reduced its forecast to 3 percent, down from the 3.4 percent it had estimated six months ago.
Ebola Outbreak Will End In 2015, But UN Officials Say It Won't Be Easy
Each of the most-afflicted countries now has the capability to isolate and treat every Ebola patient, he says.
Insectivorous Free-Tailed Bats Possible Source Of Ebola, Researchers Say
The bats were found in a tree where children played near the house of an Ebola index case.
Ebola Outbreak: IMF Debt Contributed To Crisis In West Africa, Report Claims
Guinea, Liberia and Sierra Leone collectively owe the organization $372 million.