Kristalina Georgieva

PM calls for lower primary surpluses, says IMF's Athens office to close

The office of the International Monetary Fund (IMF) in Athens will close, Prime Minister Kyriakos Mitsotakis announced on Tuesday, after a meeting with its managing director, Kristalina Georgieva, in Washington.

Commenting on the news, government sources said it signifies "the end of the crisis in the country."

IMF Chief Kristalina Georgieva: The World is Changing Faster than Ever, Make Structural Reforms

International Monetary Fund (IMF) Managing Director Kristalina Georgieva stressed in an interview with CNN that the world is changing much faster than it has changed in the last one or two for decades.

According to her, Africa is the place where investors' attention should be drawn, BNR reports.

Kristalina Georgieva: Trade Conflicts Disrupt the Global Economy (EXTENDED)

International Monetary Fund Director Kristalina Georgieva commented on China-US trade mini-deal. She said a reconciliation between the two countries was not enough and that a trade peace was needed, BGNES reported.

"It's really good news that the US and China are talking to each other, but it's not enough."

IMF: Trade Wars Affect the Global Economy

Trade wars around the world have a strong negative impact on global economic growth. The International Monetary Fund has warned about this.

The Executive Director of the Fund Kristalina Georgieva commented that global losses could total $ 700 billion by 2020, or about 0.8% of GDP. For comparison, this is the approximate annual GDP of Switzerland.

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