The International Monetary Fund (IMF) needs to reach an agreement with Greece and its European creditors by next week to ensure that the fund has enough time to give money to the embattled nation. Speaking to CNBC Tuesday, Poul Thomsen, the IMF director for Europe, said that there needs to …
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IMF Thomsen: Greece will need at least 20 years to return to pre-crisis levels
Greeece will need at least twenty years to have its GDP return to pre-crisis levels. This message full of … spring optimism was transmitted by Poul Thomsen, in charge of the European program of the International Monetary Fund. Speaking at a conference in the University of Oxford, Poul Thomsen said …
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IMF Thomsen: Unemployment in Greece will return to pre-crisis levels in 2038
Director of the European Department of the International Monetary Fund Poul Thomsen estimates that it will take 21 years until unemployment will return to levels before Greece was hit by the economic crisis. Thoomsen’s shocking revelation was made during a book presentation At Atlantic council in Washington, USA. Thomsen presented …
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IMF shocks! Thomsen wants Pensions cuts €7.5-€9.5bn
The International Monetary Funds wants additional austerity measures in order to secure 3.5% Primary Surplus – of the usual wrong IMF projections. The IMF Director for the European Program, Poul Thomsen wrote his thoughts about a Workable Program for Greece and uploaded them on the IMFBlog. Poul Thomsen demands additional …
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Athens: angry citizen throws a handful of coins at IMF’s Poul Thomsen
I tell you and I said this before: Mercury is retrograde in Scorpio until November 10th and you should be very well aware of this fact. Unpleasant incidents and ugly things can happen in the direction of disturbed communication. Bizarre arguments? Confused thinking? Unexpected aggression? Tilt in publishing, writing and …
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IMF Thomsen: competitiveness not enough, small businesses limit growth opportunities, no tax reductions
Don’t get fooled by the IMF review officially admitting grave mistakes in the application of austerity program in Greece> Nothing will change in the fiscal adjustment program demanding the last euro drop even from the poor: the review urges the Greek government to stick to the implementation of the ‘wrong …
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IMF review admits: Greeks, we screwed you with wrong program & false multipliers
The IMF’s review on its Greek program was released late last night. The 51-pages document on Greece’s fiscal adjustment program 2010-2013 is more than clear: The IMF screwed Greeks for three consecutive years. The IMF failed to realize the damage austerity would do. The IMF failed to predict the real …
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“We made Mistakes” IMF’s Thomsen Briefs Foreign Media about Greece
Representative of International Monetary Fund Poul Thomsen, one of the so-called Troikans, admitted that there were mistakes in the bailout agreement between Greece and its lenders. According to Sunday newspaper TO VIMA, shortly before the Eurogroup meeting on October 8th and the visit of German Chancellor Angela Merkel to Athens …
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Greece’s Private Sector Union GSEE Calls The Troika “Charlatans and Quacks”
The atmosphere during the meeting between private sector union umbrella GSEE and Troika representatives on Friday was chilly. In fact, it must have been icy-cold despite the high temperatures in Greece’s capital Athens when the issues of dramatically high unemployment, prolonged recession, cancellation of collective bargains and the miserable conditions in the …
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Troika IMF Reshuffle: Mark Flanagan to Replace Poul Thomsen?
This is the second time that it is being claimed, IMF’s representative for Greece, Poul Thomsen, is going to be replaced. Economic news portal Capital.gr wrote in fact that he has been already replaced. By deputy mission chief for Greece, Mark Flanagan. An IMR-technocrat who worked out the Memorandum of Understanding for Ireland. …
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IMF Poul Thomsen: I wanna go home….
Did IMF’s representative for Greece, Poul Thomsen, request to be transferred away from Greece six months ago? Greek daily Imerisia quoted Vicky Pryce, an economist based in UK, saying: ” I have learned that Poul Thomsen, with whom I was at a panel discussion about Greece in London School of Economics, had …
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IMF to Replace Poul Thomsen from Greek Post?
Does the International Monetary Fund (IMF) considers to replace Poul Thomsen? Will the Danish numbers-Wizard will have to leave his favorite Greek post? According to daily TA NEA, rumors have it that the Danish head of IMF in Greece will be replaced by the same man who replaced him in …
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IMF’s Thomsen Booed At LSE (video)
IMF’s Poul Thomsen became the target of protests while he was delivering a speed at the London School of Economics on Wednesday. Poul Thomsen Poul Thomsen, deputy director in the European Department of the International Monetary Fund and and head of the Troika Programme for Greece, was speaking about the (successful?) recipe …
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IMF’s Thomsen: Minimum Wages in Greece 50% Higher than in Portugal
Am I confused or they just don’t know what they’re talking about? I am again impressed by the manipulated mathematics of the IMF &Co when it comes to minimum wages in Greece and the infamous competitiveness. During a hearing at the European Parliament, IMF’s man in Greece, Poul Thomsen claimed that …
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IMF’s Thomsen Earns as Much as 35 Greeks or 53 Portuguese Annually?
The talented Mr Thomsen, the surgeon who tries to finish people’s lives with a fine scalpel, the ambitious Poul Thomsen from IMF allegedly earns $240,000 or €185,000 annually, with the largest part of his income being tax free. The man who tries to make people in Greece and Portugal to work …
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Troika-Machos Leave behind Female Co-Worker, just Meters Away from Austerity Protesters (video)
Representatives from IMF, the EU and the ECB had to experience with their own eyes and nerves the agony of the Greek lawmakers who were enclosed by protesters on Tuesday. The exits of Ministry of Finance were blocked by jobless and the Troika men and women could not get out. …
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Long Time not See! IMF-guys are back, Suzanne!
Executives from International Monetary Fund, the European Union and the European Central Bank will be visiting Athens for an extraordinary medical test! They will check heart beat, liver and kidney values and take the market fever. This will certainly show hypothermia. Furthermore they will suck our blood for several tests but …
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