LONDON - There may be too many banks in continental Europe and authorities should make it easier for weak banks to be shut or to exit the industry, a senior International Monetary Fund official said on Thursday.
KIEV - The International Monetary Fund's mission to Ukraine will determine at the end of October how much additional financial aid Kiev needs, Central Bank Governor Valeria Gontareva said on Thursday.
BRUSSELS - Greece's partners in the euro believe Athens is changing its mind about giving up on their financial help next year and might ask for a credit line to replace funds from the IMF.
BUCHAREST - Romania's leftist Prime Minister Victor Ponta will win a Nov. 2-16 presidential election, an opinion poll shows, giving him the task of reviving an IMF deal which was put on hold because of disagreements over a tax cut.
- The International Monetary Fund found has held its first consultation with an external advisory group of Islamic finance industry bodies, as regulators across the globe seek to address structural issues in the sector.
WASHINGTON - Greece has begun talks for ending International Monetary Fund aid to the country, but will continue to have routine post-bailout reviews by the Washington-based group, a Greek official said after talks with the IMF's chief on Sunday.
BERLIN - German Finance Minister Wolfgang Schaeuble put on a brave face at the end of IMF meetings in Washington this weekend, dismissing suggestions that Berlin had come under pressure to shift its economic course as "spin doctoring".
WASHINGTON - The International Monetary Fund's member countries on Saturday said bold action was needed to bolster the global economic recovery and they urged governments not to squelch growth by tightening budgets too drastically, although Germany poured cold water on the idea of a new global "crisis."
WASHINGTON - European Central Bank Governing Council member Christian Noyer said he did not hear anyone express fears that the European Union will fall into a recession at the International Monetary Fund's fall meeting.