Search results

IMF may stop contributing to Greek bailout

Location:

GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

Ukraine can pile up debt without default risk for now

Location:

UKRAINE

It followed the EU’s disbursement on April 25 of a third lending tranche of EUR1.5bn (USD1.65bn) from its EUR18.0bn macro-financial assistance package. In both cases, the money…

Sri Lanka government will shrug off unpopularity

Location:

SRI LANKA

Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…

Minor concessions cannot restore Iraqi Kurds’ economy

Location:

IRAQ

IRAQ: Minor concessions cannot restore Kurds’ economy

Long-term challenges cloud Ethiopia’s economic reforms

Location:

ETHIOPIA

Outlook for Ethiopia's economic reforms.

Zambia debt impasse exposes flaws in the G20 framework

Location:

ZAMBIA

This brings the three-year attempt to negotiate a debt-restructuring deal to a halt at the last hurdle. The parties must now try to salvage the deal before the end-of-year…

IMF inclined to shun third Greek bailout

Location:

GREECE/INT

EU institutions have offered modest debt restructuring but are demanding higher levels of repayments for a decade, financed by tax hikes and spending cuts that would be legislated…

Politics will exacerbate Lebanon’s economic crises

Location:

LEBANON

Lebanon also only has a caretaker government with restricted powers, at a time when the economy has contracted for four consecutive years. A staff-level IMF package worth USD3bn…

Greek government will implement austerity grudgingly

Location:

GREECE

Falling bond yields suggest some return of confidence after the government's legislation of further cuts and reforms, and the successful conclusion of the second review of…