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European Stability Mechanism Approves Athens' Request for Early Repayment of...

The European Stability Mechanism (ESM) on Monday approved an early partial repayment of Greece’s outstanding loans to the International Monetary Fund (IMF). At the same time it will waive Greece’s...

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New IMF Forecasts Adopt Pessimistic Scenario for Growth After 2021

The International Monetary Fund (IMF) published its most recent ”World Economic Outlook” on Friday. The new forecast of the Fund sends mixed signals about Greece’s prospects, revising upward some...

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Greece Repays Expensive IMF Loans Early

Greece has completed the early repayment of the high-interest part of an outstanding International Monetary Fund loan worth 2.7 billion euros ($2.9 billion) on Monday, the Finance Ministry announced....

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Greek Premier Announces Closure of IMF Office in Athens

Greek Prime Minister Kyriakos Mitsotakis announced the closure of the IMF office in Athens after meeting Kristalina Georgieva, the Managing Director of the Fund, in Washington on Tuesday. Mitsotakis...

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IMF Warns Greece Could Face The Worst Coronavirus Recession in Eurozone

The International Monetary Fund (IMF) recently presented its World Economic Outlook, in which it predicts that Greece could experience one of the worst recessions in the world due to the coronavirus...

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IMF: Coronavirus Lands Record Blow to Greek Tourism, Economy

The dramatic reduction in tourist revenues in Greece caused by the coronavirus pandemic will have a deeply negative impact on current account balances, amounting to a loss of up to six percent of the...

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Greece Expected to Return to Primary Surpluses in 2022

Greece will return to primary surpluses beginning in 2022 after reporting higher primary deficits and public debts in 2020, the International Monetary Fund said in its “Fiscal Monitor Report,” released...

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IMF: Economy of Greece to Bounce Back Significantly in 2022

The economy of Greece is projected to grow by 5.4 per cent in 2022, the International Monetary Fund (IMF) said. Read the full story on GreekReporter.com.

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Greece to Repay IMF Bailout-Era Debt Two Years Early

Greece will repay its bailout-era debts to the International Monetary Fund (IMF) in April, some two years early, Finance Minister Christos Staikouras announced on Saturday. Speaking on Skai TV,...

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Greece Repays IMF Bailout-Era Debt Two Years Early

On Monday, Greece repaid its bailout-era debts to the International Monetary Fund (IMF), some two years early, Finance Minister Christos Staikouras announced. Staikouras added in a statement, “A...

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