IMF approves rule change that would allow Ukraine loan program

The International Monetary Fund said its executive board on Friday approved rule changes that would allow the IMF to approve new loan programs for countries that face "exceptionally high uncertainty" -- a move that is expected to pave the way for a new Ukraine loan program.

Ukraines External Financing Needs Could Reach $5Bln Per Month In 2023 - IMF

 Ukraine's external financing needs will total $3 billion per month in 2023 under the best-case scenario, but could rise up to $5 billion under the worst-case scenario, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday.

IMF board approves $1.3 bln in emergency funding for Ukraine

The International Monetary Fund's executive board on Friday approved Ukraine's request for $1.3 billion in additional emergency funding to help the country sustain its economy as it battles Russia's invasion, two sources familiar with the decision said.

Ukraine expected to keep paying debt: IMF

The International Monetary Fund (IMF) expects Ukraine to continue to service its foreign debt, an IMF spokesperson has said, as speculation grows that Kyiv could default on its debt as the battle against Russia’s invasion rages on.

Lebanon to receive over 1 billion dollars from the IMF - The Jerusalem post

Lebanon's finance ministry said on Monday it would receive $1.135 billion on Sept. 16 in International Monetary Fund Special Drawing Rights (SDRs).

Argentina, IMF reach loan accord to lower deficit, inflation

Argentina announced Thursday that it will receive credit lines totaling $5.65 billion from the Inter-American Development Bank, the World Bank and the CAF-Latin American Development Bank, in addition to a $50 billion credit line from the International Monetary Fund.

Thousands of Argentines reject government's turn to IMF

Political parties, labor unions and grassroots groups mobilized thousands of people in this capital on Friday to denounce Argentine President Mauricio Macri for seeking a financial rescue package from the International Monetary Fund.

Moody's warns of "structural weaknesses" in Argentinean economy

Ratings agency Moody's on Monday warned Argentina about the "structural weakness" in its economy.

Eurozone ministers strike deal to release funds to Greece

Eurozone ministers have struck a deal to unlock the latest tranche of Greece's bailout cash.

Germany says IMF plans to stay involved in Greece bailout talks

The International Monetary Fund's chief has reassured German Finance Minister Wolfgang Schaeuble that the IMF plans to remain constructively engaged in talks about further aid for Greece, a spokesman for Schaeuble said Friday.

German ultimatum to Greece: Reform or leave Eurozone

German Finance Minister Wolfgang Schaeuble told Greece to carry out unpopular reforms if it wants to stay in the Eurozone, ruling out debt relief for Athens. The warning may signal yet another emergency in the continent already beset by multiple crises.

Euro Commissioner Pierre Moscovici does not discard fourth Greek bailout

A top European Commission official on Tuesday did not discount the possibility that Greece may have to sign a fourth bailout rescue package.

US president Obama ends Athens visit with message of hope, ode to democracy

US President Barack Obama ended his two-day visit to Athens on Wednesday with a message of hope for Greek people and an ode to democracy, before departing for Germany, the next stop of his European tour.

Egypt optimistic about economy after IMF loan approval

There is an atmosphere of optimism about the Egyptian economy as the International Monetary Fund (IMF) has approved a 12 billion US dollars loan to Egypt and Standard and Poors has revised its sovereign credit outlook from "negative" to "stable," Egyptian prime minister said at an economic conference on Saturday.

Egypt pumps $2 bn into banking system from bond issue

Egypt's central bank said Thursday that it had issued $2 billion in bonds to international creditors to buy up assets and restore liquidity to its troubled financial system.

Russia Sees IMF’s Next Loan Tranche Promise to Ukraine as ‘Unfounded’ - Minister

Russia views as unfounded the International Monetary Fund’s (IMF) announcement that Ukraine met all conditions to receive the next loan tranche, Russian Finance Minister Anton Siluanov said Monday.

Europe shocked by Brexit, integration in setback

The Leave camp won Britain's Brexit referendum on Friday morning by obtaining nearly 52 percent of ballots, pulling the country out of the 28-nation European Union (EU) after its 43-year membership.

Eurogroup meeting ends without Greek debt deal

Monday's Eurogroup meeting on Greek debt only lasted a few hours, ended without a concrete deal but embarked on a debate on debt relief for Greece.

Requirements of IMF: Ukraine’s new PM says tariffs on gas will be twice higher for Ukrainians

Ukraine’s government will be forced to increase tariffs on gas due to requirements of the International Monetary Fund (IMF), the country’s newly-appointed Prime Minister Vladimir Groysman said on Wednesday.

Egypt to cut fuel subsidies by over 40 pct to limit deficit

Egypt is to cut fuel subsidies in the new fiscal year 2016/2017 by over 40 percent to limit the country's budget deficit, the finance minister said on Saturday.