International Monetary Fund

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.

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.

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.

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