International Monetary Fund

Greece can use the remaining 11.5 billion euros ($14.4 billion) in its bank rescue fund as a precautionary credit line when it exits its EU/IMF bailout, the country's central bank chief told Greek newspaper Ta Nea on Wednesday.

Cyprus said on Tuesday it hopes to re-establish a flow of aid from international lenders after some issues were resolved in a disputed foreclosures bill that lenders demanded for funds to be released.

BELGRADE - Serbian Prime Minister Aleksandar Vucic expressed the belief on Tuesday that the precautionary arrangement between Serbia and the International Monetary Fund (IMF) could be reached by the end of the year.

Greece is ready for a "new relationship" with international creditors in 2015, its finance minister said, in a signal it may be abandoning plans which had rattled markets.

Serbian officials start talks with IMF delegation

BELGRADE -- Serbian National Bank (NBS) Governor Jorgovanka Tabaković and Finance Minister Dušan Vujović are on Thursday meeting with an IMF delegation in Belgrade.

By Marcus Bensasson

Greece’s gross domestic product expanded in the second quarter on a seasonally-adjusted basis, ending the worst recession since World War II for the country at the center of Europe’s debt crisis, according to the European Commission.

Cyprus's finance minister said on Tuesday the downturn on the island appeared to have bottomed out, after the economy showed an improvement over the past four quarters.

"The long recession seems to have run its course," Harris Georgiades told a conference in Nicosia.

BELGRADE - Official talks between a delegation of Serbia, led by National Bank (NBS) Governor Jorgovanka Tabakovic and Minister of Finance Dusan Vujovic, and of the IMF, led by Zuzana Murgasova, started at the NBS on Tuesday.

BELGRADE - Official talks between a delegation of Serbia, led by National Bank (NBS) Governor Jorgovanka Tabakovic and Minister of Finance Dusan Vujovic, and of the IMF, led by Zuzana Murgasova, started at the NBS on Tuesday.

LONDON – Greek bond yields rose on Monday after a senior European Union official said Athens was “highly unlikely” to end its bailout program without some new form of assistance that will require it to meet targets.

Yields on Greek 10-year bonds rose 11 basis points to 8.22 percent, reversing an earlier fall to underperform other eurozone bonds.