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Brexit coming, Grexit looming?

New impasse in the negotiations of the Greek program raises fears of a repeat of a "Greek drama"

New impasse in the negotiations of the Greek program raises fears of a repeat of a "Greek drama"

News

IMF letter bomb inquiry focuses on Greece

An envelope which exploded at the European offices of the International Monetary Fund in Paris on Thursday bore a Greek return address.

An envelope which exploded at the European offices of the International Monetary Fund in Paris on Thursday bore a Greek return address.

News

Letter bomb injures IMF employee after Greek militants announce campaign

Paris is on high alert after a letter bomb sent to the IMF’s office there exploded on Thursday, as it was opened by a secretary, injuring her in the face and…

Paris is on high alert after a letter bomb sent to the IMF’s office there exploded on Thursday, as it was opened by a secretary, injuring her in the face and…

News

Letter bomb injures IMF employee

An International Monetary Fund (IMF) employee was injured by a letter bomb a day after a similar device was sent by Greek militants to German Finance

An International Monetary Fund (IMF) employee was injured by a letter bomb a day after a similar device was sent by Greek militants to German Finance

News

Obama's men out, Trump's in: What impact on global finance?

As central bankers bid farewell to the devil they know, financial regulation has entered a period of high uncertainty – and high anxiety for policymakers as they await an announcement from Mar-a-Lago.

As central bankers bid farewell to the devil they know, financial regulation has entered a period of high uncertainty – and high anxiety for policymakers as they await an announcement from Mar-a-Lago.

News

Greece: Stalled talks resume- new measures to come

Last week’s Eurogroup was just a first step towards a final deal between creditors and the Greek government in order for the bailout programme to get again back on…

Last week’s Eurogroup was just a first step towards a final deal between creditors and the Greek government in order for the bailout programme to get again back on…

Business

Greek bailout talks restart

Greek ministers have been meeting experts from the EU and IMF discussing the economic reforms Athens must make to keep bailout funds flowing.

Greek ministers have been meeting experts from the EU and IMF discussing the economic reforms Athens must make to keep bailout funds flowing.

News

Former IMF head sentenced for credit card fraud

Rodrigo Rato has been sentenced to four and a half years in prison for misusing company credit cards at a Spanish bank he chaired for two years before its state bailout in 2012.

Rodrigo Rato has been sentenced to four and a half years in prison for misusing company credit cards at a Spanish bank he chaired for two years before its state bailout in 2012.

News

Greeks need "light at the end of austerity tunnel"

Discussions between Greece, its European lenders and the International Monetary Fund on the country’s bailout obligations have dragged on for months as disagreements persist over fiscal issues, labour

Discussions between Greece, its European lenders and the International Monetary Fund on the country’s bailout obligations have dragged on for months as disagreements persist over fiscal issues, labour

News

Germany's Schauble denies 'Grexit' threat

German finance minister Wolfgang Schauble has said he is confident ‘‘Greece is on the right economic path’‘.

German finance minister Wolfgang Schauble has said he is confident ‘‘Greece is on the right economic path’‘.

Business

IMF reportedly will contribute to Greek bailout

The International Monetary Fund is reportedly likely to contribute up to five billion euros to the third bailout package for Greece.

The International Monetary Fund is reportedly likely to contribute up to five billion euros to the third bailout package for Greece.

Business

Cautious economic forecasts in a time of uncertainty

Business Line looks at economic forecasts for the world and for Europe, seeing how forecasters are reexamining their perspectives and perceptions.

Business Line looks at economic forecasts for the world and for Europe, seeing how forecasters are reexamining their perspectives and perceptions.

News

Egypt's long road to economic recovery

Five years on from the revolution that saw the fall of the Mubarak regime, and Egypt is still on its knees.

Five years on from the revolution that saw the fall of the Mubarak regime, and Egypt is still on its knees.

Business

IMF-EU stalemate over Greek debt

Greece is getting impatient at the stand-off between the International Monetary Fund and the European Union over Athens' latest bailout.

Greece is getting impatient at the stand-off between the International Monetary Fund and the European Union over Athens' latest bailout.

News

Christine Lagarde vows to fight allegations of negligence at Paris trial

IMF chief Christine Lagarde vowed to fight “allegation by allegation” on the first day of her trial in Paris where she is being accused of negligence in allowing the misuse of public…

IMF chief Christine Lagarde vowed to fight “allegation by allegation” on the first day of her trial in Paris where she is being accused of negligence in allowing the misuse of public…

Business

Challenge and hope: analysing Egypt's loan from the IMF

Egypt is to get an International Monetary Fund bailout loan, but can it bring down public debt, control inflation and protect the country's poor?

Egypt is to get an International Monetary Fund bailout loan, but can it bring down public debt, control inflation and protect the country's poor?

Business

Egypt devalues its currency to stabilise the economy

Egypt has effectively devalued its currency by allowing it to trade freely, hoping to stabilising the economy and attracting foreign investment.

Egypt has effectively devalued its currency by allowing it to trade freely, hoping to stabilising the economy and attracting foreign investment.

News

Greek unions protest against labour reforms

Thousands of Greek workers protest at further labour reforms as government launches fresh talks with lenders

Thousands of Greek workers protest at further labour reforms as government launches fresh talks with lenders

Business

No DoJ deal for Deutsche Bank

Deutsche Bank has failed to secure a speedy deal with the US Department of Justice over the misselling of mortgage-backed securities.

Deutsche Bank has failed to secure a speedy deal with the US Department of Justice over the misselling of mortgage-backed securities.

Business

The ouch of owing: IMF warns of dangers of mounting global debt

The International Monetary Fund has expressed concern that public and private debt reached 225 five percent of the world's economic output last year.

The International Monetary Fund has expressed concern that public and private debt reached 225 five percent of the world's economic output last year.