Tag Archives: IMF

Germany says IMF participation in Greek bailout indispensable

Germany insisted on Friday it was essential that the International Monetary Fund participate in Greece’s bailout programme after a German lawmaker in the European Parliament said IMF involvement was no longer crucial. “We have always said the participation of the IMF is indispensable,” a Finance Ministry spokeswoman told a regular government news conference. “We are hearing about the… Read More »

Greece on track with programme but IMF too pessimistic – EU’s Dombrovskis

Greece is on track with the economic adjustment needed to secure the next tranche of its bailout but the International Monetary Fund is failing raise its overly pessimistic forecasts, the vice president of the European Commission said on Monday. “The programme itself is on track,” Valdis Dombrovskis said at an event in Frankfurt. “If we do a final… Read More »

IMF chief denies threat to pull out of Greek bailout

International Monetary Fund Managing Director Christine Lagarde denied on Sunday that IMF staff would push Greece closer to default as a negotiating tactic on a new Greek bailout deal, which she said was “still a good distance away.” Lagarde said in a letter to Greece’s prime minister that the debt talks should continue despite damage from reports of… Read More »