United Nations

A symbolic farewell to the IMF

The announcement by Prime Minister Kyriakos Mitsotakis on the closure of the International Monetary Fund office in Athens following his recent meeting with the IMF's new managing director, Kristalina Georgieva, had an obvious symbolic character: to mark the end of an era. The office opened in 2010, and in the popular mind it is identified with Greece during the period of the memorandums.

Svetlin Nakov - Personality in the News 2019, Kristalina Georgieva - with Special Award for Extraordinary Global Achievements

The names of the winners in the traditional 2019 Personality in the News Awards became clear.

The winners were selected by the NoviniteGroup team after active and careful research of the most accomplished and significant personalities in the news stream in 2019, who contributed to the positive image of Bulgaria around the world.

Cyprus repays crisis-era IMF loan ahead of schedule

Cyprus has paid off ahead of schedule an International Monetary Fund loan that was part of a multi-billion euro financial rescue deal in 2013, the finance minister said Tuesday.

Minister Constantinos Petrides said the loan's early repayment would bolster the country's credibility in the eyes of investors and improve its ability to raise money directly from international markets.

IMF’s Traa says need for reforms should have been explained

As the office of the International Monetary Fund in Greece prepares to close, its first chief, Bob Traa, shares his thoughts with Kathimerini about the Fund's contribution to the Greek bailout and reform process, saying that more and bolder interventions were required, and that the necessary sacrifices should have been better communicated to the people.

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.

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