International Monetary Fund

IMF chief lauds review completion, concerned about long-term debt

Christine Lagarde, Managing Director of the International Monetary Fund, commended Greece and its European partners for completing the country's final bailout review and but expressed reservations about the long-term outlook for the country's debt.

Below is the full statement by Lagarde:

Greece to get up to 15 billion euros after third bailout, says German official

Greece will likely get up to 15 billion euros for stabilization after its third bailout program ends in August so it does not have to borrow from the market, a senior German government official said on Tuesday.

The money will be taken from unused funds made available in Greece's bailout, the official said.

No market passport from the IMF

Eurozone authorities are seeking ways to offset the International Monetary Fund's abstention from the Greek program, as it again became apparent on Friday that it will be particularly difficult for the IMF to unreservedly issue Greece with a passport to the money markets.

Compromise solution still sought for IMF to stay in the program

One way or another, the International Monetary Fund will remain committed to Greece, IMF Managing Director Christine Lagarde stated on Monday.

Speaking in Berlin after her meeting with German Chancellor Angela Merkel, the IMF chief added that the terms of the Fund's engagement in Greece will probably become clearer after June 21.

IMF Chief: Clouds over Global Economy are 'Getting Darker by the Day'

Escalating trade tensions are posing an increasing threat to the global economy, the head of the International Monetary Fund has warned.

"The clouds on the horizon ... are getting darker by the day," IMF Managing Director Christine Lagarde said at a news conference in Berlin on Monday.

The IMF Provides a $ 50 Billion Loan to Argentina

BBC - The International Monetary Fund has agreed to lend Argentina up to $50bn (£37.2bn) as the country seeks to bolster its struggling economy.

The three-year agreement must still be approved by the IMF board.

Argentina, which has been plagued by economic problems for years, asked for assistance from the IMF on 8 May after its currency hit an all-time low.

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