Greece deal `requires difficult decisions by all sides`: IMF

An agreement on Greece will require "difficult decisions by all sides," the IMF said, after last-ditch talks between cash-strapped Athens and its EU-IMF creditors ended with no deal on Sunday.

IMF chief economist Blanchard leaves to join US think tank

International Monetary Fund chief economist Olivier Blanchard is retiring from the Fund and joining the Peterson Institute for International Economics as a senior fellow, the IMF said Thursday.

Global economy in 2012 may be worse: IMF

With downside risks in advanced economies increasing and policy environment uncertain, the world economy may see worse conditions in the coming year, warned chief economist Olivier Blanchard of the International Monetary Fund (IMF) Wednesday.

Euro zone agreement only part of solution: IMF

An agreement reached by European countries last week for deeper economic integration was a step in the right direction, but not a complete solution for the euro zone's debt crisis, Olivier Blanchard, director of research at the IMF, said on Sunday.