International Monetary Fund
FinMin tables request to pay IMF back early
Finance Minister Christos Staikouras sent a letter on Monday asking the European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) to approve the repayment of the expensive part of Greece's loan from the International Monetary Fund before it is due.
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Greek bond yields fall sharply after IMF loan early repayment plan
Greek bond prices rallied and yields fell sharply in the domestic electronic secondary bond market on Monday after news that the Greek government initiated procedures for an early repayment of the expensive part of its loans to the International Monetary Fund (IMF).
ESM chief indicates lower surplus may be possible
European Stability Mechanism (ESM) chief Klaus Regling has indicated that Greece's lenders may consider reducing high primary surplus targets if the debt-laden country can overshoot growth targets after 2020.
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France Wants the EU to Create Its Own Digital Currency and Ban Facebook’s Cryptocurrency
France has proposed the EU to create its own national digital currency and abandon the use of Facebook's Libra cryptocurrency to protect its financial sovereignty. This was stated today by French Finance Minister Bruno Le Maire on his arrival at the meeting of the European finance ministers in Helsinki, BTA quoted Reuters and TASS as saying.
Greece seeking to pay off expensive chunk of IMF debt early
Greek Finance Minister Christos Staikouras is expected to ask his eurozone peers at a meeting in Helsiniki on Friday for the green light to pay back a chunk of the country's expensive International Monetary Fund (IMF) loans ahead of their maturity.
Staikouras to formally ask ESM to OK early IMF loan repayment
Finance Minister Christos Staikouras will present the priorities of the new Greek government at Friday's Eurogroup meeting before sending a letter to the European Stability Mechanism informing Greece's main creditor of Athens' intention to repay some of the loans from the International Monetary Fund ahead of schedule.
Staikouras to discuss IMF loan repayment, gov't plan at Eurogroup
Greece's Finance Minister Christos Staikouras will discuss a request for an early repayment of part of the country's outstanding loans to the International Monetary Fund (IMF) during Friday's Eurogroup meeting in Helsinki.
Athens is keen to repay the IMF loan which is more expensive than the yields Greece currently pays in the markets on its bonds.
Bulgarian Kristalina Georgieva is the Only Candidate for IMF Director
World Bank Chief Executive Officer Kristalina Georgieva is the only candidate for IMF director, the International Monetary Fund (IMF) said.
Kristalina Georgieva of Bulgaria, currently CEO of the World Bank, is unrivaled for the post of former managing director Christine Lagarde, who was elected to head the European Central Bank.
Argentina's crisis window of opportunity for Turkey: Expert
Argentina's economic turmoil has raised some concerns for future emerging economies, revealing some facts about the role of the International Monetary Fund (IMF) in global development and providing opportunities for Turkey, experts say.
Eurozone neutral to positive toward Greek plan for early IMF repayment
Senior eurozone officials were neutral to positive this week to a plan presented by their Greek peer for Athens to repay earlier some of its costly loans from the International Monetary Fund, a senior EU official said on Friday.
Greece, cut off from the markets during the sovereign debt crisis of 2010-2015, borrowed heavily from the IMF and eurozone governments.