Tag: International Monetary Fund, IMF

• Thursday, June 6th 2013 - 23:21 UTC

  IMF admits mistakes in Greece, fearing the spill of problems to the rest of Europe

  

  The International Monetary Fund admitted it had to lower its normal standards for debt sustainability to bail out Greece, and its projections for the Greek economy may have been overly optimistic.

• Friday, May 24th 2013 - 07:10 UTC

  As the US before IMF lines up behind Argentina in the litigation with hedge funds

  

  For the first time since the litigation of hedge funds against Argentina the International Monetary Fund warned about the ‘risks’ which would entail ratifying Judge Thomas Griesa ruling condemning Argentina to pay over a billion dollars plus interests to the so called ‘vulture funds’.

• Tuesday, May 7th 2013 - 09:28 UTC

  IMF again warns Argentina about protectionist and foreign currency exchange policies

  

  The International Monetary Fund Director for the Western Hemisphere, Alejandro Werner, warned on Monday about the “negative effect” that the existence of two foreign currency exchange markets and protectionist policies bring to Argentina.

• Friday, April 19th 2013 - 05:39 UTC

  IMF chief summoned to appear before French court over an arbitration payment

  

  IMF chief Christine Lagarde has been summoned to appear before a French magistrate on May 23 for questioning over an arbitration payment to a wealthy supporter of former President Nicholas Sarkozy, news website Mediapart reported.

• Thursday, April 18th 2013 - 02:47 UTC

  IMF admits price-asset bubbles tells Latam financial sector ‘to keep their guard up’

  

  The International Monetary Fund (IMF) stated on Wednesday that both financial and banking sectors in Latin America “should keep their guards up” before the recent and fast growth of the credit, though the lender doesn’t see any overheat of the region’s economy.

• Thursday, March 7th 2013 - 07:01 UTC

  IMF mission in Argentina to check financial system, in framework of G20

  

  Officials from the International Monetary Fund and the World Bank arrived in Argentina on Tuesday to evaluate the country's financial system as part of checkups agreed among Group of 20 nations, according to a report from the official state news agency, Telam.

• Thursday, February 14th 2013 - 23:29 UTC

  IMF praises Venezuelan devaluation, but LechugaVerde/Bolivar gap close to 300%

  

  The International Monetary Fund, IMF, praised Venezuela for the recent devaluation of its currency saying it is a positive attempt to reduce macroeconomic misbalances but also called on the government of President Hugo Chavez to continue eliminating the exchange rate distortions.

• Thursday, February 14th 2013 - 20:10 UTC

  UK will block IADB and World bank loans to Argentina because of financial ‘misconduct’

  

  UK joined the group of countries that vote against granting multilateral organizations’ loans to Argentina as a form of protesting the mistrust generated by the government of President Cristina Fernandez recurrent international misconduct, reports the Buenos Aires media.

• Tuesday, December 18th 2012 - 03:39 UTC

  IMF adopts a more flexible position regarding global capital flows management

  

  The International Monetary Fund has developed a comprehensive, flexible, and balanced view on the management of global capital flows to help give countries clear and consistent policy advice.