PARIS France's economy is not recovering quickly enough to cut unemployment and debt significantly, and will not do so without further reforms, the International Monetary Fund said on Tuesday despite slightly raising its growth estimates.
WASHINGTON Greece needs "up-front, unconditional" debt relief and a sharply lower budget surplus target to make its bailout viable and its debt sustainable over the long term, International Monetary Fund staff said on Monday.
ROME Italian banks need to take additional measures to reduce their stock of non-performing loans over the medium term and should be required to produce regular updates of their NPL strategy, the International Monetary Fund said on Monday.
ROME The International Monetary Fund (IMF) slightly raised its forecast for Italian economic growth on Monday, but warned that the euro zone's third-largest economy still faces risks.
WASHINGTON Japan's extraordinarily easy monetary policy, a source of friction with the United States for pushing the yen’s value down, has had some positive effects on emerging Asian economies, including increased growth and equity prices, International Monetary Fund researchers have found.
BRUSSELS The International Monetary Fund would like euro zone countries to extend the grace period on all their loans to Greece until 2040 and their maturities to 2080 with a fixed interest rate until 2045, a confidential IMF document said.
BEIJING China's cabinet has named Zhang Tao as a new deputy central bank governor, a step that is expected to pave the way for his appointment as a deputy managing director at the International Monetary Fund (IMF).
WASHINGTON Signaling a tough stance on Greek debt relief talks, a senior International Monetary Fund official said on Thursday that the negotiations should focus on a long grace period, maturity extensions and "very low interest rates".
AMMAN Iraq has reached a $5.4 billion (4 billion pounds) standby agreement with the International Monetary Fund that could unlock $15 billion more in international assistance over the next three years, Finance Minister Hoshiyar Zebari said on Thursday.
KIEV The International Monetary Fund has agreed with Ukraine the reform policies it must implement for the board to agree in July to dispense a long-delayed third tranche of loans under a $17.5 billion (£12 billion) bailout programme, the fund said on Wednesday.