International Monetary Fund
IMF backs Greece's primary surplus case
The Finance Ministry expects that negotiations over the reduction of the primary surplus target will begin upon the submission of the medium-term fiscal plan in April or May, which could last up until the fall, when the first 2021 draft budget is to be tabled in Parliament.
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SNSPA Rector Pricopie meets IMF Managing Director Georgieva in Washington
Rector of the National University of Political Studies and Public Administration (SNSPA) Remus Pricopie met in Washington on Friday with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva.
Trump applauds Greek 'comeback' in White House meeting
US President Donald Trump welcomed the prime minister of Greece to the White House Tuesday by saying the United States was very proud of the country and "the comeback" it is making.
IMF Chief Kristalina Georgieva: The World is Changing Faster than Ever, Make Structural Reforms
International Monetary Fund (IMF) Managing Director Kristalina Georgieva stressed in an interview with CNN that the world is changing much faster than it has changed in the last one or two for decades.
According to her, Africa is the place where investors' attention should be drawn, BNR reports.
Greek bonds buck eurozone trend
Eurozone bond yields rose on Wednesday after more upbeat European economic data helped offset some of the anxiety about a new Brexit cliff-edge that boosted demand for safe-haven government debt a day earlier.
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Central banker reveals plan to resolve NPLs not covered by Hercules
The Bank of Greece will activate a plan to resolve the 60 pct of nonperforming loans (NPLs) not covered by the "Hercules" plan proposed by the government, bank governor Yannis Stournaras revealed while speaking at the Thessaloniki Summit 2019 on Friday evening.
Greek-Italian bond spread gap turns negative
The gap between Greek and Italian government bond spreads turned negative on Thursday for the first time since early 2008, amid expectations political uncertainty will return in Italy while the recognition of economic reforms has boosted Greek debt in recent weeks.
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EBRD improves its growth forecast for Romania in 2019
The European Bank for Reconstruction and Development (EBRD) has improved its estimates of Romania's economy in 2019 and maintained its 2020 GDP forecast, according to a press statement released on Wednesday by the bank. According to the latest EBRD forecasts, Romania's economy is expected to grow 4pct this year, up from its previous estimates of May 2019's 3.2pct.
Moody’s views early IMF payment positively
International rating agency Moody's on Thursday described Greece's planned early repayment of part of the loans issued by the International Monetary Fund as a "credit positive." Amounting to 2.7 billion euros, the payment was approved on Monday by the European Stability Mechanism (ESM).
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ESM greenlights Greece's request to repay expensive chunk of IMF loan
The boards of the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) agreed on Monday to allow Greece to repay earlier a part of its expensive loan to the International Monetary Fund (IMF), without paying an equal amount to the two organizations.