IMF

IMF, Ukraine fail to reach pact on next bailout tranche

WASHINGTON - The International Monetary Fund said Friday it had productive discussions with officials in Ukraine this week, but failed to reach an agreement that would pave the way for Kiev to receive its next bailout tranche next month.

Greek opposition leader says wants 'negotiated' solution to debt

ATHENS - Greece's radical leftist Syriza party would cancel austerity policies agreed by the current government if elected but would negotiate debt relief with international lenders without taking unilateral steps, party leader Alexis Tsipras said on Thursday.

World, 18 Dec 2014

EU says Ukraine needs $15 billion, has limited ability to help

BRUSSELS - The International Monetary Fund estimates Ukraine needs another $15 billion (£9.58 billion) in financing to withstand an economic crisis but the European Union has only limited capacity to help, European Commission President Jean-Claude Juncker said on Wednesday.

World, 17 Dec 2014

Gulf can cope with cheaper oil, IMF says as bourses plunge

DUBAI - The Arab energy exporting states of the Gulf can cope comfortably with sliding oil prices, an International Monetary Fund official said on Tuesday, as a plunge in regional stock markets showed some local investors were panicking.

Business, FXpert 16 Dec 2014

IMF official - no need for GCC to cut spending much as oil falls

DUBAI - The oil price plunge is likely to have a significant impact on state revenues in the Gulf Cooperation Council, but GCC nations have big reserves so in general they will not need to cut state spending significantly, a senior International Monetary Fund official said on Tuesday.

Business, FXpert, 16 Dec 2014

Lagarde says IMF to discuss moving on voting reforms without Washington

WASHINGTON - The head of the International Monetary Fund said on Friday the global lender was ready to discuss ways to move forward without the United States on reforms that would give emerging markets greater IMF voting power.

Business, 12 Dec 2014

Ukrainian parliament approves economic reform programme

KIEV - Ukraine's parliament on Thursday approved the new government's economic programme of tough reforms aimed at securing billions of dollars in financial aid from the International Monetary Fund and other backers.

World, 11 Dec 2014

Ukraine needs expanded IMF programme

KIEV - Kiev wants the International Monetary Fund to expand its $17 billion (10.83 billion pounds) bailout package due to Ukraine's worsened economic outlook, new Ukrainian economy minister Aivaras Abromavicius said on Wednesday.

World, 10 Dec 2014

Greek parliament passes 2015 budget in midnight vote

ATHENS - Greece's parliament approved next year's budget in the early hours of Monday, setting aside a dispute with EU/IMF lenders who say Athens must accept more austerity to meet budget targets.

Business, 07 Dec 2014

IMF to visit Kiev for bailout talks

KIEV - An International Monetary Fund mission will visit Kiev from Dec. 9 to 18 for talks with the new government regarding a $17 billion bailout programme, the IMF's Ukraine representative Jerome Vacher said on Saturday.

World, 06 Dec 2014