Former Greek finance minister Yanis Varoufakis has accused the country’s European creditors of engaging in "brutal politics" over their rejection of Athens' proposed economic reforms, saying that the rough treatment of Greece was used to warn Spanish voters from electing ...
Investigative reporters have discovered that IMF bailout funds intended for Ukraine have mysteriously found their way to a Cyprus bank account controlled by notorious Ukrainian oligarch Ihor Kolomoyskyi.
Greece's ex finance minister, Yanis Varoufakis is ready to launch a European movement that will develop into a political party.
German Chancellor Angela Merkel voiced confidence that the International Monetary Fund will join the latest bailout for Greece, saying she’s ready to discuss debt relief to help the aid plan succeed.
The International Monetary Fund has called on eurozone ministers to offer Greece debt relief, following the approval of a new bailout deal.
Greece has reached another bailout deal but even with write downs, the outlook is grim. As Finnish Foreign Minister Timo Soini said over the weekend, "we should just admit that this isn't going to work."
Greece has transferred a due payment to the International Monetary Fund (IMF) amid ongoing negotiations on a third bailout package with its creditors.
Over the last of six months of negotiations between Athens and its creditors, the IMF continuously hinted that it may not be on board with a third program for Greece. FT is now reporting that the IMF is indeed not ...
Greece and the EU should contractually link changes in the terms of the country's EU loans to milestones in structural reform. Think of the result as structural-reform-indexed (SRI) loans, akin to former Greek Finance Minister Yanis Varoufakis's gross-domestic- product-indexed bonds.
Now that Greece is eligible again for loans from the IMF, getting any more money from the fund may hinge on a test of wills between Christine Lagarde and Angela Merkel.
Greece's net government liabilities are rapidly approaching 1000%. France net government liabilities have now passed over 500%.
The Wolfowitz doctrine, the basis of US foreign and military policy, declares that the rise of Russia or any other country cannot be permitted, because the US is the Uni-power and cannot tolerate any constraint on its unilateral actions.
Managing Director of the IMF, Christine Lagarde said that a reduction in the amount of Greece's repayments, known as a haircut, might be necessary, however unpopular among creditors.
Another report from the IMF says European creditors should either write down a massive amount of Athens’ debt or give Greece a 30-year grace period if they want it to recover and repay.
The full text of a letter Greek Prime Minister Alexis Tsipras sent to the Troika: Commission President Juncker, ECB's Draghi, and the IMF's Lagarde regarding the latest Greek proposal.
Russian President Vladimir Putin and IMF Managing Director Christine Lagarde discussed the outcome of Greece's referendum over the phone, and the need for a sustainable program going forward
“It is clear that the policy slippages and uncertainties of the last months have made the achievement of the 2012 targets impossible under any scenario,” one of six IMF leaked documents, titled the Preliminary Debt Sustainability Analysis for Greece, stated.
Another agreement has been put in play this morning which sees the creditors possibly cutting Greece's debt and most important, sending the IMF home, packing. A deal may come by midnight tonight.
The Greek referendum is worded in a way that allows very little room for Syriza opponents and EU oligarchs to turn the vote into a referendum on the Euro itself, which has proven to be a successful approach in the ...
Paulo Nogueira Batista Jr, Executive Director at the International Monetary Fund, explains the IMF's policy toward Greece and Ukraine.
Athens should have just asked the IMF to give it the deal it extended to Ukraine. Problem solved.
With no deal in sight, and Greece checking out of another Eurogroup meeting in disgust, Alexis Tsipras may have another problem to worry about...losing power amidst the EU's financial blackmail.
The IMF just killed any chance of a Greek deal being reached. Greek negotiators may now be forced to enact pension cuts, or else the Troika will be able to wash its hands of a Greek default and pour money ...
After 2010, the collapse of the Greek economy accelerated. The big question was whether this collapse was inevitable? Short answer, yes it was inevitable...but everyone involved preferred to kick the can just a little bit longer.
As Greece struggles to avoid a default to the IMF on debt which was incurred just so German banks can remain solvent, the IMF announces, yet again, that it will lend to Ukraine even if it defaults on its loans.