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Greek MPs adopt controversial bill tied to EU-IMF loans

Last Updated: Monday, March 31, 2014, 04:42

Greece`s Parliament narrowly approved an omnibus bill of reforms tied to the country`s next tranche of EU-IMF loans, the Parliament Speaker said.

US hails IMF support to `stabilise` Ukraine

Last Updated: Thursday, March 27, 2014, 17:15

The White House on Thursday hailed the promise of an International Monetary Fund bailout for Ukraine, saying it was a key part of a package of aid to help political and economic transition in the former Soviet republic.

IMF extends $14-18 bn rescue to Ukraine, tied to reforms

Last Updated: Thursday, March 27, 2014, 17:05

The IMF announced on Thursday a USD 14-USD 18 billion bailout for Ukraine to avoid bankruptcy but tied to painful and unpopular reforms amid the country`s escalating standoff with Russia.

China must take hard decisions for successful reforms: IMF

Last Updated: Sunday, March 23, 2014, 21:32

China must take hard decisions and make trade-offs as it embarks on major restructuring as the world's second largest economy aims for higher quality and more sustainable growth, IMF chief Christine Lagarde said Sunday.

IMF chief questioned again in French corruption case

Last Updated: Wednesday, March 19, 2014, 18:10

IMF chief Christine Lagarde was Wednesday questioned for the third time by French prosecutors in a high-profile corruption case that has become a thorn in the side of one of the world`s most powerful women.

East-West standoff complicates any IMF deal for Ukraine

Last Updated: Monday, March 17, 2014, 16:20

Ukrainian bond prices are holding up better than expected in the stand-off with Russia because investors think the International Monetary Fund might not impose tough conditions in an expected aid programme due to Kiev`s political importance to the West.

IMF chief to be questioned again in French corruption case

Last Updated: Friday, March 14, 2014, 23:05

Christine Lagarde, the head of the International Monetary Fund, is once again due to be questioned in an ongoing French corruption case, sources close to the case said today.

Cyprus scrambling back from the brink of bankruptcy

Last Updated: Friday, March 14, 2014, 09:07

A year after a financial earthquake shattered years of prosperity in Cyprus, an austerity plan has put the eastern Mediterranean island back on track despite the bitter pill of rising unemployment.

No need to panic over Ukraine economy: IMF's Lagarde

Last Updated: Saturday, March 01, 2014, 12:35

International Monetary Fund chief Christine Lagarde urged calm over Ukraine`s economic situation on Friday as talks on cobbling together international aid for the country stepped up pace.

Programs to redistribute income good for growth: IMF

Last Updated: Thursday, February 27, 2014, 04:35

The International Monetary Fund has come out in support of the fight against income inequality, with Fund economists saying income redistribution efforts can strengthen economic growth.

Ukrain crisis: William Hague to hold talks with US Secretary of State, IMF

Last Updated: Monday, February 24, 2014, 23:34

British Foreign Secretary William Hague on Monday said he will travel to Washington to speak to US Secretary of State John Kerry and the International Monetary Fund (IMF) after Ukrainian government today urged the international community to provide $35 billion aid to improve the country`s economy.

EU-IMF creditors back in Greece for debt talks

Last Updated: Monday, February 24, 2014, 19:06

EU-IMF creditors on Monday began a new audit of Greek finances with Athens hoping for a deal in two weeks to facilitate its debt repayment needs, a finance ministry source said.