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Tag Archives: bailout

Tsipras asked for the IMF’s participation, sees deal in April

Prime Minister Alexis Tsipras confirmed on Friday that he had asked managing director Christine Lagarde for the participation of the International Monetary Fund in the Greek program. Greece’s request was reveled by Lagarde a day earlier. The previous approach of the Greek government “We can do also without the IMF” …

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February goes, the Troika comes…

Representatives of Greece’s creditors returned to Athens and they resume talks in an effort to reach an agreement on technical level (staff level agreement) and conclude the second review in no longer than two weeks. According to Athens News Agency, the European side but also the International Monetary Fund consider …

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Mnuchin: US wants IMF to stick to hard line on Greece

Treasury Secretary Steven Mnuchin made it clear that the Trump administration does not think much neither of the European Union, nor the Eurozone nor Greece. In an interview to the Wall Street Journal, Mnuchin suggested that the US wants the International Monetary Fund to stick to its hard line on …

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Dijsselbloem: Greece review will not conclude at Eurogroup Feb 20

Jeroen Dijsselbloem said that the second review of Greece’s program will not conclude in time for the next Eurogroup meeting scheduled for Monday, February 20. The Dutch finance minister who is also head of the Eurogroup stressed that the participation of the International Monetary Fund remains essential for the continuation …

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Mustery solved: Greece to hire Rotchild as debt adviser

As concerns over Greece and its debt mount, Athens has reportedly decided to call in Rothschild, one of the oldest financial firms in the world, to navigate the country’s long-running creditor stand-off and avert default. According to the Financial Times, Greek authorities hope to finalize the appointment before crunch debt …

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