International Monetary Fund

Staikouras to discuss IMF loan repayment, gov't plan at Eurogroup

Greece's Finance Minister Christos Staikouras will discuss a request for an early repayment of part of the country's outstanding loans to the International Monetary Fund (IMF) during Friday's Eurogroup meeting in Helsinki.
Athens is keen to repay the IMF loan which is more expensive than the yields Greece currently pays in the markets on its bonds.

Bulgarian Kristalina Georgieva is the Only Candidate for IMF Director

World Bank Chief Executive Officer Kristalina Georgieva is the only candidate for IMF director, the International Monetary Fund (IMF) said.

Kristalina Georgieva of Bulgaria, currently CEO of the World Bank, is unrivaled for the post of former managing director Christine Lagarde, who was elected to head the European Central Bank.

Eurozone neutral to positive toward Greek plan for early IMF repayment

Senior eurozone officials were neutral to positive this week to a plan presented by their Greek peer for Athens to repay earlier some of its costly loans from the International Monetary Fund, a senior EU official said on Friday.
Greece, cut off from the markets during the sovereign debt crisis of 2010-2015, borrowed heavily from the IMF and eurozone governments.

It would help to repay IMF, paper says

German newspaper Handelsblatt believes that the expected repayment by Greece of high-interest loans issued by the International Monetary Fund will be an important political signal since it will reduce the country's debt burden and strengthen Athens' argument for easing the primary budget surplus target of 3.5 percent of gross domestic product agreed with its creditors.

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