International Monetary Fund
Consensus on further support
Greece's economy will end up among those hardest hit by the pandemic, according to the estimates of international organizations' recently published reports.
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Seven bidders shortlisted for gas supplier DEPA Commercial
Greece's privatization agency (TAIPED) said on Tuesday that it has shortlisted seven investors for the purchase of a majority stake in the country's dominant gas supplier, DEPA Commercial.
EBRD downgrades Romania's economic growth forecast in 2020
The European Bank for Reconstruction and Development (EBRD) has downgraded its estimates of Romania's economic developments in 2020 as a result of the crisis caused by the coronavirus pandemic, according to the bank's latest Regional Economic Prospects published on Wednesday.
Turkey in swap talks with G20 members: Finance Minister
Turkey is conducting talks to establish swap lines with members of G20, with more than one swap line possible, said the country's treasury and finance minister.
"We are doing one-to-one swap negotiations with G20 countries with which we have a trade deficit and a free trade agreement," Berat Albayrak said in a closed-door online meeting with international investors.
Turkey in swap line talks with G20 peers: Minister
Turkish Treasury and Finance Minister Berat Albayrak has ensured international investors that Turkey's reserves are sufficient and Ankara has been holding swap line talks with other countries.
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EC: Romania's economy to contract by 6% in 2020; government deficit up to 9.2% of GDP
Romania's economy is projected to contract by 6% in 2020 after many years of robust growth, whereas the general government deficit is forecast to increase to around 9.2% of the GDP in 2020, according to the European Economic Forecast - Spring 2020, published by the European Commission (CE) on Wednesday.
'Optimistic' Finance Ministry scenario sees recession at 4.7 pct
The Finance Ministry's estimates about the impact of the coronavirus on the Greek economy this year are at the optimistic end of the range of projections expressed to date and near those of the Bank of Greece, according to the Stability Program Athens submitted to the European Commission last Thursday.
Government optimism over GDP outlook
Against the dramatic forecasts for fiscal figures to slump to levels reminiscent of the worst years of the debt crisis, there is also optimism within the government that things will actually turn out to be rather better.
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Half the world knocking on IMF’s door
Half of the world's countries have asked the International Monetary Fund (IMF) for a bailout amid the coronavirus pandemic, the global body's head Kristalina Georgieva said late on April 15.
"This is an emergency like no other," she said in an interview with CNBC, adding that the IMF is providing funding on the basis of rapid assessment of conditions in every country.
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IMF Approves New Mechanism for Short-Term Assistance to Countries
The International Monetary Fund has approved the creation of a short-term liquidity facility to assist countries in combating the economic impact of the coronavirus pandemic, said IMF Managing Director Kristalina Georgieva.