Culled—-iMFDirect By Poul M. Thomsen February 11, 2016 Having successfully pulled Greece from the brink last summer and subsequently stabilized the economy, the government of Alexis Tsipras is now discussing with its European partners and the IMF a comprehensive multi-year program that can secure a lasting recovery and make debt […]
Tag: Greece
Greece, Ireland, Portugal Got 90% of IMF’s Financing in 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Three (3) Euro Area countries, Greece, Ireland and Portugal reported to be hit particularly hard by the global financial crisis got 90 percent (90%) of the International Monetary Fund’s (IMF’s) financing in 2013. This is contained in the Fund’s 2013 Annual Report: Promoting a More […]
IMF Approves US$2.29 billion Facility for Greece
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday approved US$2.29 billion (about €1.72 billion) Extended Fund Facility (EFF) arrangement for Greece the economically troubled Euro Zone nation. This is coming on the heels of the completion of the IMF’s Executive Board fourth review of Greece’s performance under […]
