BERLIN - Germany views the role of the International Monetary Fund (IMF) in negotiations over Greece's reforms as completely necessary, a spokesman for the finance ministry in Berlin said on Friday.
BERLIN - China's renminbi needs to be liquid and freely convertible to be a major reserve currency but could be included in the International Monetary Fund's global currency basket if these conditions are met, Bundesbank chief Jens Weidmann told Reuters.
MOSCOW - The International Monetary Fund expects the Russian economy to grow by 0.2 percent in 2016 and sees medium-term growth at 1.5 percent annually, Ernesto Ramirez Rigo, the head of the fund's mission to Russia, said on Thursday.
ATHENS - Greece will not be able to make a payment to the International Monetary Fund due on June 5 unless foreign lenders provide more aid, a senior ruling party lawmaker said on Wednesday, the latest warning from Athens that it is on the verge of default.
FRANKFURT - A periodic review of Cyprus's bailout programme has been successfully concluded, the European Commission, European Central Bank and the IMF said on Wednesday, a key step for the country to take part in the ECB's money printing programme.
ATHENS - Greece cannot make an upcoming payment to the International Monetary Fund on June 5 unless foreign lenders disburse more aid, a senior ruling party lawmaker said on Wednesday, the latest warning from Athens it is on the verge of default. | Video
ATHENS - Greece has proposed imposing a levy on certain bank transactions to raise revenues to meet fiscal targets during negotiations with European Union and the International Monetary Fund lenders, two sources close to the talks said on Wednesday.
ATHENS - Greece is near a cash-for-reforms deal with its euro zone partners and the International Monetary Fund that would help it meet debt repayments next month, the country's finance minister said on Monday, as worries persist over a possible bankruptcy.
ATHENS - Greece hopes to meet its debt repayments to the International Monetary Fund and pay wages and pensions next month, but if it has to choose between the two it will opt to pay the latter, the country's finance minister said on Monday.
ATHENS - Greece's Prime Minister Alexis Tsipras had at one stage warned foreign creditors that Athens would not repay 750 million euros (546.33 million pounds) due to the IMF in May unless they provided it with immediate liquidity, the Kathimerini newspaper reported on Saturday.