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  • October 31, 2014
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  1. Business - Economy - COMMENT

    The IMF's public mea culpa on that big fat Greek bailout

    Posted Jun 11th 2013, 12:00am by Bloomberg

    ... Megan Greene Lender publicly details how it, the European Commission and the ECB got things wrong The IMF's mea culpa on that big fat Greek bailout It takes a big person ... lender released a 50-page critique of the Greek bailout programme it devised in 2010, together with the European Commission and the European Central Bank. The IMF's report highlights how ...

  2. Business - Economy - EURO-ZONE CRISIS

    Greece 'urged to cut deeper' to unlock EU-IMF-ECB loans

    Posted Oct 15th 2012, 12:00am by AFP

    ... by parliament "in a matter of days" after a European summit on Thursday that will discuss Greece's economic situation. He added that by Thursday his government and a mission of EU-IMF ... billion, they say €9.2 billion. We have to converge," a finance ministry source said after talks with the auditor mission on Saturday. The EU-IMF auditors say a greater-than-foreseen recession ...

  3. Business - Economy - EURO ZONE CRISIS

    Greece given 10 days to act on broken promises

    Posted Oct 09th 2012, 10:00am by AFP

    ... the ministerial focus switched away again from Spain despite the IMF announcing an inspection trip to monitor “financial sector reforms.” Months of uncertainty about a bailout request from Madrid had ... and a whole set of reforms to labour markets or bureaucratic red-tape. Juncker said that after being debriefed by the troika of international lenders-- the European Commission, IMF and European ...

  4. Business - Economy

    Greece sees Monday deal on EU-IMF rescue funds

    Posted Jul 08th 2013, 12:22pm by AFP

    ... we will have an agreement.” Greece needs to come to an accord with the troika of international creditors -- the IMF, the European Union and the European Central Bank -- by Monday, when ... on the plane,” a finance ministry source told AFP. The IMF is also due to decide by the end of July whether to disburse its scheduled contribution of 1.8 billion euros (HK$17.8 billioin) to the bailout ...

  5. Business - Economy

    Greece on the edge

    Posted Nov 20th 2012, 12:00am by Bloomberg

    ... Bloomberg in Berlin IMF faces clash with EU over debt-reduction target as finance chiefs meet to approve the latest bailout package for the troubled economy on the edge European finance ... between the European Union and IMF over softening Greece's debt target, the ministers will attempt to re-engineer the current bailout without asking taxpayers to put up more money. The talks ...

  6. Business - Economy - ANALYSIS

    Greece awakens from coma but recovery likely to be anaemic

    Posted Jun 11th 2013, 10:58am by Reuters

    ... company DEPA, making it unlikely it will meet privatisation targets under the EU/IMF bailout. Athens has a binding goal to raise 1.8 billion euros (HK$18.5 billion) from asset sales by the end ...

  7. News - World - GREECE

    Greek PM Antonis Samaras tells euro partners to pay up on promised loans

    Posted Nov 22nd 2012, 12:00am by Associated Press in Athens

    ... Minister Antonis Samaras said. "Our partners, along with the IMF, also must do what they have undertaken." But Greece is already living on borrowed time. Faced with €5 billion in maturing ... a technical solution do not excuse any delay," he said. Greece has been relying on rescue loans from other euro-zone countries and the IMF since May 2010, after a massive budget gap ...

  8. News - World - EUROPE

    Euro-austerity drive may worsen debt burdens

    Posted Oct 24th 2012, 12:00am by The New York Times in London

    ... a similar conclusion. That helps explain why the IMF has started adopting a less austere stance toward debtor countries, even as countries like Germany continue to take a hard fiscal line, insisting ... instalment of bailout loans. Negotiations continued this week in the Greek capital with the troika: the IMF, the European Central Bank and the European Commission. The Greek finance minister, Yannis ...

  9. News - World - EURO-ZONE CRISIS

    Euro-zone ministers to launch ESM rescue fund

    Posted Oct 08th 2012, 12:00am by AFP

    ... European Central Bank (ECB) and International Monetary Fund (IMF) creditors. EU, IMF and ECB officials have been locked in discussions with Athens over the need for more austerity measures while ... the issues, a senior euro-zone official said, given competing demands from the IMF, a newly-public alliance of euro-zone hardliners Germany, the Netherlands and Finland, and Greek leaders from ...

  10. Business - Banking & Finance

    Greek banks to be recapitalised separately: central bank

    Posted Apr 08th 2013, 11:21am by AFP

    ... debt, is a condition for the continued release of EU-IMF rescue loans for Greece’s crisis-hit economy. A sum of 50 billion euros (HK$504.2 billion) out of the total EU-IMF bailout fund of 240 ...




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