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Lagarde defends IMF position on Greece; economy shows signs of recovery

By   /  14/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Lagarde defends IMF position on Greece; economy shows signs of recovery

  After taking heavy criticism from Greek officials and the country’s Prime Minister last week, the International Monetary Fund insisted on Monday that it will not change its views on the Greek program. Speaking to Reuters, IMF Managing Director, Christine Lagarde, said: “We have been asked to help, but can only help at terms and […]

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Athens closer to agreement with creditors; IMF heavily criticized

By   /  12/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens closer to agreement with creditors; IMF heavily criticized

  The Greek government escalated its criticism of the International Monetary Fund (IMF) over the weekend, accusing it of complicating the second review of the country’s bailout program by tabling unrealistic demands. Athens and creditors have moved significantly closer to a deal to conclude the review of the country’s program. The quartet of Greece’s creditors […]

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Athens takes first step towards conclusion of review

By   /  24/01/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens takes first step towards conclusion of review

Athens looks resigned to offering concessions to its creditors in order to wrap up the stalled bailout review. Finance Minister Euclid Tsakalotos is scheduled to take part in a crucial Eurogroup meeting in Brussels on Thursday which could pave the way for the troika to return to Athens next week. A spokesman for the European […]

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Lagarde praises Romania’s efforts to improve its economy

By   /  17/07/2013  /  Finance, RO Finance, Romania  /  Comments Off on Lagarde praises Romania’s efforts to improve its economy

  Review by Christos T. Panagopoulos IMF’s Managing Director, Christine Lagarde, expressed her satisfaction on Tuesday for Romanian government’s efforts to reduce fiscal deficit by more than 6% of its Gross Domestic Product (GDP), but insisted reform are needed to support job creation and employment. According to Romanian media, Mrs. Lagarde attended yesterday a press […]

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