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Economy

European economic recovery: IMF outlook shows gradual growth

With an increase in vaccination rates, more mobility, and support schemes, Europe's economic recovery is growing stronger despite uncertainty, according to the International Monetary Fund (IMF).

Tech News

IMF reduces global growth forecast amid inflation and supply problems

In its latest World Economic Outlook, the IMF projects that global output will increase by 5.9% this year, compared with its projection in July of 6%.

World News

IMF's board approves allowing Georgieva to remain as head

The International Monetary Fund expressed “full confidence” in its managing director on Tuesday in response to allegations that World Bank staff were pressured to change business rankings for China in an effort to placate Beijing.

Afghanistan

Taliban 'step up' search for Afghans who worked for US

The Taliban have been conducting "targeted door-to-door visits" of individuals they want to apprehend and their family members, a UN report says, despite their promise not to seek revenge on opponents.

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Business

DRC: a new narrative emerges

In partnership with Primature DRC

There is a breath of fresh air in the Democratic Republic of the Congo. After not receiving any significant foreign economic support for over nine years, the country has just finalised a new economic programme with the International Monetary Fund (IMF).

Sudan

France holds global talks to offer debt relief for Sudan

France hosted global talks on Monday to offer debt relief for Sudan in a bid to support the country's transitional leadership and help its crippled economy recovering.

World News

Major economies support €547 billion boost for IMF resources

The G20 agreed on a $650 billion (€547 billion) resource boost for the International Monetary Fund.

Europe News

World economy on 'firmer footing' but 'debt and inequality pose risks'

Speaking to Euronews, Kristalina Georgieva said the IMF is ready to upgrade its global forecast but fiscal support must not be withdrawn prematurely.

Ukraine

Ukraine's central bank chief quits over 'political pressure'

Yakiv Smolii's resignation is raising concerns about the central bank's independence and the continuation of a much-needed IMF bailout.

World News

COVID-19 recession: How the euro area will be affected

To survive this crisis, the Eurogroup may have to throw away the old rule book.

World News

COVID-19: World economy in 2020 to suffer 'worst year since 1930s'

The International Monetary Fund has given a bleak assessment in its World Economic Outlook briefing on COVID-19.

World News

Coronavirus: 'Don't let urgent financial aid fall into wrong hands'

Human rights campaigners warn that anti-corruption measures are being ignored in the rush to send financial aid to countries in need.

World News

Coronavirus: 500m people worldwide 'could be pushed into poverty'

A study says the pandemic could push 8% of the world's population into poverty, prompting calls for a huge rescue package for vulnerable communities. "Never in the 75 years history of our institution have so many countries found themselves in need," said IMF head Kristalina Georgieva,

World News

IMF declares global recession

The IMF has declared a global recession and urged countries in need of financial help to request it sooner rather than later

Moldova

Euroviews. Ion Chicu: Moldova in safe hands ǀ View

With pragmatism, competence and attention for long-term reforms and investments directed towards better living standard for every Moldovan, we can show that Moldova means business. I invite you to be not only a witness, but also a partner in our quest for positive transformation.

World News

IMF chief warns not to let new decade be repeat of 'roaring 20s'

The head of the IMF, Kristalina Georgieva, spoke about growing inequality and how the climate crisis could impact economics.

World

IMF managing director forecasts growth 'slowdown' in the next year

"In two years’ time, the world has moved from synchronized upswing – in other words, accelerating growth – to a synchronized slowdown", she said.

Business

IMF chief Georgieva: 'Global economy is in a synchronised slowdown'

The global economy is going through a "synchronised slowdown", claimed the new managing director of the IMF, Kristalina Georgieva, during her inauguration speech.

France

What's the G7? A look at the economic summit coming to France

The Group of Seven (G7) is an international gathering of some of the world's largest economies. This year, economists expect world leaders to discuss trade and technology.

Bulgaria

Bulgarian Kristalina Georgieva picked as EU candidate for IMF head

After long negotiations, the chief executive of the World Bank emerged as the EU candidate to succeed Christine Lagarde.