International Monetary Fund

The International Monetary Fund agreed on Friday to disburse a new loan of 4.6 billion dollars (3.41 billion euros) to Greece and suggested that the government would not have to adopt any new austerity measures this year.

 Its report will likely avoid calling for eurozone to reach decision on lightening Greek debt for now

By Katerina Sokou

The top goal is to cut the social security contributions by 5 percent and the issue will be discussed with the International Monetary Fund (IMF), the European Commission and the World Bank officials next week, Public Finances Minister Ioana Petrescu told a news conference on Thursday.

IMF: Negotiations with Serbia to resume in fall

BELGRADE -- The International Monetary Fund (IMF) will resume talks with Serbia in the fall, and not after a new government had been formed, as planned earlier.

This was stated on Wednesday by the IMF office in Serbia.

BELGRADE - The International Monetary Fund (IMF) will resume talks with Serbia in the fall, and not after a new government is formed, as planned earlier, IMF Office in Belgrade released on Wednesday.

Prime Minister Victor Ponta on Wednesday asked the ministers in charge to properly prepare the documents concerning Romania's commitments with the international partners - the European Commission (EC), the International Monetary Fund (IMF) and the World Bank (WB) - and the measures taken into account by the Government for the second part of the year and for the budget for 2015.

The International Monetary Fund is poised to release about 3.5 billion euros ($4.8 billion) in bailout funds to Greece in late May, an IMF spokesman said Thursday.

The IMF executive board, representing the global crisis lender's 188 member states, will meet on May 30 to discuss the disbursement, spokesman Gerry Rice said.

Economic growth in Greece, Bulgaria, Romania and Hungary are hampered by corruption, according to Aasim Husain, Deputy Director in the European Department of the IMF.

Dominique Strauss-Kahn, the former managing director of the International Monetary Fund, has called the economic policy implemented in Greece during the crisis “unbearable.”

"Inflation within target limits, GDP growth 1 percent"

BELGRADE -- The inflation has been within the limits of the target rate since October 2013, Governor of the National Bank of Serbia (NBS) Jorgovanka Tabaković has said.