International Monetary Fund

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.

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.

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.

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