International Monetary Fund

Greek PM tells cabinet to finish bailout 'marathon'

Greek Prime Minister Alexis Tsipras urged his ministers on Tuesday to intensify reform efforts as the country heads towards the anticipated conclusion of a three-year bailout program in August.

"There is no time for complacency, but we must intensify efforts to finish the marathon," he told a meeting of his cabinet.

IMF's Lagarde proposes 'rainy day fund' for eurozone

International Monetary Fund (IMF) Managing Director Christine Lagarde on Monday proposed creating a "rainy day fund" for the eurozone to help cushion members of the currency union in future economic downturns.

In a speech in Berlin, Lagarde hailed a "sustained and broadly shared upswing" in the global economy.

Key to stamping out tax evasion: new IT system at ANAF

The key to stamping out tax evasion in Romania is a new software and hardware IT system at the National Tax Administration Authority (ANAF) and a collaboration between institutions, Dragos Doros, Vice President of the Tax Consultants Chamber (CCF) and former president of Tax Administration stated on Tuesday.

Moldova Economy Grows Faster Than Eurozone Average

Moldova's economy grew by 4.5 per cent in 2017 - well above the eurozone average of about 2 per cent - as the country's foreign debt decreased slightly, a report released by the Ministry of Finance in Chisinau showed on Monday.

At the end of the December 2017, Moldova's foreign debt amounted at 1.7 billion US dollars, 19.3 per cent of the country's GDP, 2 per cent less than in 2016.

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