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Economy

IMF and World Bank annual meeting underway in Lima

The annual meeting of the International Monetary Fund and World Bank is getting underway in Lima, Peru, with the global economy on perhaps the

Spain

Why has a former head of the IMF had his passport confiscated?

Former Spanish Economy Minister Rodrigo Rato has had his passport confiscated by a court in Spain. Mr Rato is under investigation for money

Economy

IMF downgrades global growth forecast

IMF director Christine Lagarde has been drawing inspiration from some of Peru’s attractions as the International Monetary Fund and World Bank hold

Spain

Ex-IMF chief's passport revoked as fraud charges investigated

Former International Monetary Fund chief Rodrigo Rato has had his passport revoked. It was withdrawn as part of an ongoing investigation into claims

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Samoa

IMF chief warns of weak global growth figures

The International Monetary Fund’s Managing Director Christine Lagarde has warned that global growth figures due to be announced next week will be

Germany

German parliament prepares to vote on Greek bailout

Chancellor Angela Merkel braces herself for a revolt within her own party during a parliamentary vote on the third Greek bailout but which nonetheless is expected to be approved.

Economy

Greek bailout talks set for Monday, as loan request sent to IMF

A letter was sent from the Greek Finance Ministry ahead of talks expected on Monday between Athens and its creditors

Economy

IMF confirms receiving Greek request for new loan

The International Monetary Fund says it’s received a letter from Greece seeking a new loan, confirming a statement from the Greek finance ministry

Europe News

EU finalises 7 bln euro bridge loan for Greece, says debt 'restructuring' back on table

The European Council has announced a 7.16 billion euro bridge loan for Greece. Furthermore, the question of debt restructuring – not part of the deal

Economy

Greek parliament passes bailout reforms thanks to opposition support

Prime MInister Alexis Tsipras is deserted by Syriza party rebels, but he still gets tough reforms demanded by Greece's lenders, adopted with opposition help

Greece

Analyst says Greek debt 'haircut' too much to ask of EU

Greece’s lawmakers were debating an austerity bill set for a midnight vote on Wednesday (July 15) that will condemn the country to years of more

Greece

Secret IMF report: Greece needs debt relief far beyond EU plans

Economy

Greek parliament gives Tsipras strong mandate to complete reform negotiations

The Greek parliament gives the green light to Alexis Tsipras' crucial reform proposals, taking Athens one step closer to remaining in the euro zone.

Greece

Life goes on in Athens: locals head to beach to 'regain sense of normality'

Life’s a beach, or at least that’s the impression some Athens locals wished to give when euronews went to gauge reactions to the ongoing financial

Greece

Greece submits last-ditch reform proposals to international creditors

With bankruptcy looming, Greece submits a last-ditch cash-for-reforms package to its international lenders.

Greece

IMF: slashes global growth forecast by 2%, tells Athens to "respect the rules"

The IMF has cut its forecast for global growth from 3.5 percent to 3.3, blaming a weaker first quarter in the US. This is lower and slower than last

Greece

Greece gets final 'end of week' deadline for reforms

Greece has until the end of the week to come up with new proposals to secure a deal with creditors to keep the county from crashing out of of the

Greece

Thousands of Greeks celebrate referendum result

Thousands of joyful Greeks poured into the capital’s central square as the scale of the rejection to a bailout deal which would have imposed more

Greece

It's a decisive "No" in Greek bailout referendum

Greeks celebrate in central Athens after a decisive "No" vote against accepting the terms of a eurozone bail-out deal

Economy

Greece: voters admit to divided opinions

Greece has been divided by the Yes/No question posed by its referendum. Polls suggest neither side had a clear lead in the run-up to the opening of