Thomsen

The changes to the taxation of the self-employed and freelancers proposed by the Finance Ministry brought to mind a discussion I had in 2012 in Washington with Poul Thomsen, the then head of the International Monetary Fund's mission for Greece and later the Fund's director for Europe.

Alfred Kammer, director of the European Department at the International Monetary Fund, is calling on Greece to redouble its reform efforts to face the double challenge of the legacy of the austerity programs and the coronavirus pandemic. He is careful to note that the necessary reforms include the increased funding of well-targeted social protection.

The International Monetary Fund estimates that years of efforts to contain Greece's national debt will go to waste due to the coronavirus pandemic, as it projects the country's dues will soar to 200.8 percent of gross domestic product this year, with a primary budget deficit at 5.1 percent of GDP after five years of primary surpluses, according to the Fund's Fiscal Monitor report released on We

The International Monetary Fund said on Monday the relaxation of the eurozone's fiscal rules and support from the European Central Bank and the European Stability Mechanism are critical to a strong regional response to the coronavirus pandemic.

It was April 17, 2010, and Iceland's Eyjafjallajokull had just erupted, sending out great big ash clouds that were causing widespread air traffic disruption in parts of Europe.

Referring to the mistakes that led to the derailment of the Greek rescue program, the International Monetary Fund's European department chief Poul Thomsen said during a speech at the London School of Economics on Monday that the previous SYRIZA-led government essentially chose austerity instead of reforms.

Romania is a safe country for investors, as the country is registering progresses regarding the stability of its institutional framework and budgetary strengthening, the Public Finance Minister Eugen Teodorovici asserted during his meetings on Saturday in Washington, with the officials of the rating agencies and with Poul Thomsen, Director of the European Department at the International Monetar

The International Monetary Fund (IMF) and especially the head of the IMF's European department, Poul Thomsen, was the main driver of excessive austerity in Greece's first two bailout programs, Greek central banker Yannis Stournaras said on Tuesday.

The International Monetary Fund has retreated from its demand for an asset quality review (AQR) of Greek banks, according to statements made on Thursday in London by the head of the IMF's European Department, Poul Thomsen. The Washington-based Fund insists, however, that a medium-term strategy is needed to tackle the issue of bad loans.

The managing director of the International Monetary Fund, Christine Lagarde, is to meet on Thursday afternoon with the head of the Hellenic Bank Association, Nikos Karamouzis, and executives of Greek banks in London.

The aim of the meeting is to convince the Fund of the stability of Greek banks, according to sources.