International Monetary Fund

Finance ministers and central bank governors of the world?s 20 leading economies will meet in Istanbul between Feb. 9 and 10 in the first meeting under Turkey?s G-20 presidency.

BELGRADE - Serbian Minister of Public Administration and Local Self-Government Kori Udovicki said that local self-governments must be sustainable and that the downsizing process will be carried out for that purpose.

Greece said on Saturday it had no short-term cash problem and that it will hand its European Union partners a comprehensive plan next week for managing the transition to a new debt deal.

The EU has warned time is running out to avoid a financing crisis in Greece.

With discussions between the IMF [International Monetary Fund] delegation and the Romanian authorities having continued on Saturday in financial and energy fields, the Energy Minister, Andrei Gerea, only revealed the following: "Talks are going smoothly with the representatives of the International Fund, but this is all I can say for now."

Photo (c) Grigore POPESCU/AGERPRES PHOTO

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IMF decides on deal on Feb. 23, public debt "under control"

BELGRADE -- Dusan Vujovic said on Friday that the Board of Executive Directors of the IMF would decide on the new precautionary arrangement with Serbia on February 23.

BELGRADE - Serbian Finance Minister Dusan Vujovic said on Friday that the Board of Executive Directors of the International Monetary Fund (IMF) would decide on the new precautionary arrangement with Serbia in Washington on February 23.

Greece must cooperate with Europe and the IMF to draw up a plan of reforms consistent with the country's international obligations, the US ambassador to Athens said Friday.

Uncertainty over the future path of oil prices could throw a wrinkle into the International Monetary Fund's predictions for the global economy, its staff said in a note on Feb. 6.

On the one hand, lower oil prices could persist and boost global demand more than it foresaw last month, when the IMF cut its global growth forecast to 3.5 percent for this year.

In an announcement released on Thursday, following the maiden meeting between Germany's Finance Minister Wolfgang Schaeuble and his Greek counterpart Yanis Varoufakis, the German government underlined that Greece's place is in the Euro zone.