ZURICH (Reuters) - UBS's chairman said a default by Greece is seen by the International Monetary Fund as "systemically controllable" and he believed it would have a negligible impact on the Swiss bank itself, according to a newspaper interview published on Saturday. Show More Summary
Greece, which owes €324 billion to the International Monetary Fund, the European Central Bank, and euro zone governments, faces a relentless debt payment schedule over the next few months. As Bloomberg reports, little money has been coming into the country, however, and talks over the release of bailout funds are progressing slowly. Show More Summary
The Greek crisis is moving toward a climax. The issue is actually quite simple. The Greek government owes a great deal of money to European institutions and the International Monetary Fund.
The International Monetary Fund has sounded the alarm on the exorbitant levels of debt across the world, this time literally... A baby boom and surging work-force enabled us to grow out of debt in the 1950s and 1960s without noticing it. Show More Summary
``The Greek government issued a decree that forces local governments to transfer cash balances to the central bank, as debt to the International Monetary Fund and month-end salary payments come due.'' -- Despite hawkish bluster, confiscating local government cash seems like a big abandonment of Syriza's public welfare plank...
The Wall Street Journal’s Daily Report on Global Central Banks for Monday, April 20, 2015. Jon Hilsenrath sees global finance officials gather for the annual festival of gloom and doom that is the International Monetary Fund's Spring meetings.
China's Central Bank Governor Zhou Xiaochuan has expressed dissatisfaction regarding foot-dragging regarding the implementation of a 2010 reform package to boost Beijing's say in the International Monetary Fund.
Deputy Prime Minister Arkady Dvorkovich said that Russia hopes to see a multicurrency world despite the United States' perceived stance against International Monetary Fund reform.
BERLIN (Reuters) - Global lenders' negotiations with Greece, which have been moving at a crawl recently, have gained some momentum but remained a long way from the finish line, the International Monetary Fund's European head told a German newspaper. Show More Summary
The International Monetary Fund's member nations have warned of risks to the global economy from exchange rate shifts and geopolitical tensions. ||| Washington - The International Monetary Fund's member nations on Saturday warned ofShow More Summary
As this weekend’s 2015 Spring Meetings of the World Bank Group and International Monetary Fund draw to a close, ONE expressed deep concern over the lack of new financial development commitments made by donor and developing nations. Concrete commitments must be made ahead of the July Financing for Development Summit in Addis Ababa in order…
There were platters of fruit and chocolates in the room backstage at George Washington University’s Linzer Auditorium, where Maria Bartiromo was prepping for her onstage interview with International Monetary Fund head Christine Lagarde on Thursday. One might have expected Bartiromo to opt for a tiny nibble of fruit, in that calorie-phobic way typical of the class of onscreen […]
Many global financial institutions, in particular the International Monetary Fund (IMF), are paralyzed due to inadequate regulation and an excessive number of members, former French Prime Minister Dominique de Villepin said Friday.
The Greek pension system - which has come in for severe criticism since its initial $119 billion bailout package in 2010 with the European Union, the International Monetary Fund and the European Central Bank - is one of the major reasons for the country's current dilemma.
Rodrigo Rato, the ex-managing director of the International Monetary Fund and former deputy prime minister of Spain, just got released from policy custody. Rato was arrested for alleged tax fraud, concealment of assets and money laundering...Show More Summary
Over reliance on currency depreciations to boost domestic economies could exacerbate global tensions over exchange rates, the head of the International Monetary Fund (IMF) said yesterday. ||| Reuters and Bloomberg Washington Over reliance...Show More Summary
Greek Finance Minister Yanis Varoufakis said that leaving the Eurozone is out of the question for Greece as Athens has struggled to repay its International Monetary Fund loan.
Idiosyncratic filmmaker Abel Ferrara ("Bad Lieutenant," "The Funeral") takes on the provocative 2011 case of former International Monetary Fund managing director Dominique Strauss-Kahn in the barely veiled drama "Welcome to New York." This frank, unruly look at sex, privilege and power unfolds...
Rodrigo Rato, a former managing director of the International Monetary Fund, reportedly was detained in Madrid.
Bloomberg: Lagarde Won’t Give Support to Greece Missing IMF Payment. (video) International Monetary Fund Managing Director Christine Lagarde warned that she wouldn’t let Greece skip a debt payment to the lender, shutting down a potential avenue to buy the Greek government some financial leeway. Show More Summary