International Monetary Fund
IFC mobilizes huge investment package for Türkiye
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has mobilized a $3.6 billion investment package for Türkiye, in the fiscal year from July 2023 to June 2024.
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Greece to adopt IMF quota ratification bill
A bill ratifying International Monetary Fund quota increases for member-countries was approved in the Greek Parliament's Standing Committee on Economic Affairs on Tuesday, and was tabled in the plenary on Wednesday.
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Germany dodges recession, posts surprise growth on spending boost
Germany's economy unexpectedly grew in the third quarter, avoiding a technical recession, federal statistics office Destatis reported Wednesday.
Gross domestic product expanded 0.2 percent quarter-on-quarter, Destatis said, on the back of rising government spending and household consumption.
The candidates for President of the Republic, Samaras and the critical vote, Karamanlis (with the media moguls), the Venezuela Alliance, the waters of GEK TERNA
Hello, we’ve just come out of a satisfying long weekend for the October 28th holiday with a lot of traffic on the national highways as well as the Attiki Odos, which now inevitably needs to be expanded in the coming years because, simply put, it can’t hold us all anymore.
Economic program on right track: Finance Minister Şimşek
The strong interest in Türkiye clearly shows that the economic program is progressing on the right track, Finance Minister Mehmet Şimşek said, assessing his recent visit to the United States.
How the election of Trump or Harris will affect the EU economy – Tariffs and the China factor
The US presidential election is always of great interest globally because of the influence that the global superpower wields with its foreign policy.
Mali: Serbia to keep deficit below 3 pct, complete all projects by 2027
WASHINGTON - Serbian First Deputy PM and Finance Minister Sinisa Mali said Serbia would succeed in keeping its fiscal deficit below 3 pct over the course of a new three-year arrangement with the IMF and complete all planned projects.
Greek finance minister vows to keep debt’s share of economy shrinking
Greek Finance Minister Kostis Hatzidakis told Reuters that the government will maintain fiscal prudence to safeguard its growth path and emergence from a debilitating debt crisis a decade ago, even amid higher wage demands by striking teachers and ferry workers.
G20 nations reaffirm pledge to cooperate on taxing super-rich
Brazil's Finance Minister Fernando Haddad, left, speaks as Central Bank Governor Roberto Campos Neto listens during a G20 news conference at the World Bank/IMF Annual Meetings in Washington, Thursday, Oct. 24, 2024.
IMF 'very impressed' with Türkiye's monetary policy: Director
The International Monetary Fund (IMF) is "very impressed" with the tight monetary policy stance Türkiye implemented to bring inflation down, says Alfred Kammer, director of the European Department at the IMF.
Kammer said the financial agency has been "very favorably impressed" by the monetary policy pivot in Türkiye since last year.