International Monetary Fund

Greece is set to ask for a brief extension to its current bailout and is discussing the possibility of the International Monetary Fund maintaining a prominent role in whatever program will follow, Kathimerini understands.

Greece may have to delay by a few days or weeks its planned exit from an EU/IMF bailout by the end of the year, the country's deputy prime minister said on Thursday, citing "technical reasons."

"The government will adopt the draft budget by the end of this week, and then it will be discussed with the IMF and, on December 10, it will be presented in parliament in order to be adopted," Prime Minister Victor Ponta said on Tuesday.

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BELGRADE - Resident representative of the International Monetary Fund (IMF) in Serbia Daehaeng Kim stated on Tuesday that the stake of non-performing loans (NLPs) in Serbia's banking sector totals 23 percent and that only Greece and Cyprus have a higher level of NLPs.

BELGRADE - Governor of the National Bank of Serbia (NBS) Jorgovanka Tabakovic underscored on Tuesday that the contents of the arrangement with the International Monetary Fund (IMF) are not being kept secret from the public, but the details cannot be revealed just yet until the agreement with the international financial institution is officially signed.

Turkey has not seen economic progress over the last six years because it has not made any significant reforms, Union of Chambers and Commodity Exchanges of Turkey (TOBB) head Rifat Hisarcıklıoğlu has said.

“Because Turkish people have lost their common identity to live and move forward together, we are now all stuck in the middle-income trap,” Hisarcıklıoğlu said.

The 2015 draft budget will be completed by Friday and will begin being debated by the Parliament after December 10, Minister-delegate for Budget Darius Valcov announced on Monday.

Despite continued growth in Turkey’s economy, the International Monetary Fund (IMF) has warned that the country's government must put forward structural reforms to continue economic momentum.

BELGRADE - Serbia's new three-year arrangement with the International Monetary Fund (IMF) will increase competitiveness, boost Serbia's economy and ensure greater inflow of investments, Milivoje Miletic, acting president of the Serbian Chamber of Commerce, stated on Friday.

"Exchange rate stable despite pressures"

BELGRADE -- The exchange rate is "relatively stable and in line with monetary policy goals, despite certain pressures," NBS Governor Jorgovanka Tabaković says.