About: IMF

Economy & Jobs 15-06-2020

IMF’s Georgieva: Kudos to Europe for the recovery fund

The managing director of the International Monetary Fund, Kristalina Georgieva, congratulated the EU for stepping up its collective response to the COVID-19 crisis with the proposed €750 billion recovery fund, but cautioned that the proposal will first have to survive “long nights of negotiations".
Economy & Jobs 08-05-2020

ECB will continue doing whatever is necessary to deliver on mandate, Lagarde says

European Central Bank chief Christine Lagarde has responded to a recent German court ruling that challenged the bank's authority by saying the ECB is an independent institution, accountable to the European Parliament, that will continue to do whatever it takes to deliver its mandate.
Brexit 16-04-2020

UK doubles down on Brexit threat, hints WTO terms offer more ‘flexibility’

Boris Johnson’s government doubled-down on Thursday (16 April) on its threat to walk away from the EU Single Market this year if a deal on a successor trade pact cannot be reached. It hinted that trading with the EU on World Trade Organisation terms would give the UK more ‘flexibility’ to manage the economic fallout from the coronavirus pandemic.
Central Asia 16-04-2020

Kazakhstan provides humanitarian aid to Kyrgyzstan, Tajikistan

In the context of the Covid-19 crisis, Kazakhstan has offered humanitarian aid to its Central Asian neighbours Kyrgyzstan and Tajikistan, answering a request by Bishkek and Dushanbe.
Botswana 16-04-2020

G20 agree debt relief ahead of crucial IMF spring meetings

The G20 group of leading economies agreed on Wednesday (15 April) to suspend debt payments owed to them by some of the world's poorest countries in a bid to cushion the economic impact of the coronavirus pandemic.
Eastern Europe 16-04-2020

IMF to raise funding to Georgia to $450 mln to fight coronavirus

The International Monetary Fund (IMF) said on Wednesday (15 April) it was ready to provide Georgia with increased funding of $450 million this year to help the ex-Soviet country in its fight against the coronavirus and support the economy.
Economy & Jobs 10-04-2020

World faces new ‘Great Depression’ as virus toll mounts

World powers scrambled on Thursday (9 April) to build a global response to the human tragedy and once-in-a-century economic collapse caused by the coronavirus epidemic, as the worldwide death toll topped 90,000.
Europe's East 31-03-2020

Ukraine opens up land market in bid for $8 bln IMF package

Ukrainian lawmakers voted on Tuesday (31 March) to lift a ban on the sale of farmland that has stood for nearly two decades, clearing one of the hurdles needed to unlock an $8 billion loan package from the International Monetary Fund.
China 27-03-2020

G20 leaders to inject $5 trillion into global economy in fight against coronavirus

Leaders of the Group of 20 major economies pledged on Thursday (26 March) to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and "do whatever it takes to overcome the pandemic."
Global Europe 23-03-2020

EU supports Iran, Venezuela bids for IMF support in fight against coronavirus

The EU backs Iran and Venezuela in their requests for emergency funding from the International Monetary Fund (IMF) to help them fight the coronavirus outbreak, EU foreign affairs chief Josep Borrell said on Monday (23 March).
Economic governance 10-03-2020

As stock markets collapse, IMF calls for support for the coronavirus-infected economy

The International Monetary Fund called on governments worldwide Monday (9 March) to join forces and roll out aggressive financial supports for the coronavirus-infected global economy, including direct payments to workers and businesses.
Global Europe 24-02-2020

Global spread of coronavirus raises pandemic fears

Fears mounted on Monday (24 February) that the coronavirus outbreak in China will grow into a pandemic with disruptive and deadly consequences for countries around the world, after sharp rises in infections in South Korea, Italy and Iran.
Europe's East 29-01-2020

In surprise move, Borrell says will visit Ukraine’s disputed region of Donbas

EU foreign affairs chief Josep Borrell said on Tuesday (28 January) he intends to visit Ukraine in the coming weeks, including the disputed region of Donbas which is under the control of pro-Russia separatists.
Economic governance 24-01-2020

IMF warns of the risk of central banks’ ‘cheap money’

The monetary stimulus has been one of the main engines of growth over the past years, but continuing with the supply of 'cheap money' could hurt low-income countries, fuel risky investments and affect savers, warned the IMF on Friday (24 January).
Economy & Jobs 24-01-2020

Davos 2020 diary – day #5

Welcome to Davos where the 50th edition of the World Economic Forum (WEF) is taking place on 21-25 January. Throughout the week, EURACTIV gives you a glimpse into one of the world’s most exclusive conferences where political and business leaders meet every year to discuss global economic trends.
Economic governance 22-01-2020

IMF calls for ‘more automatism’ in public spending

As monetary policy nears its limits to lift the world's sluggish economy, the International Monetary Fund told governments on Tuesday (21 January) to introduce "more automatism" in their fiscal rules in order to counter the economic slowdown.
Economy & Jobs 21-01-2020

Davos 2020 diary – day #1

Welcome to Davos where the 50th edition of the World Economic Forum (WEF) is taking place on 21-25 January. Throughout the week, EURACTIV gives you a glimpse into one of the world's most exclusive conferences where political and business leaders meet every year to discuss global economic trends.
Economy & Jobs 20-01-2020

IMF warns EU-US tensions could impact global growth 

Some “tentative signs of stabilisation” are appearing in the global economy, but despite the positive news the EU-US trade dispute represents a risk to the global output, the IMF warned on Tuesday (20 January).
Europe's East 20-11-2019

Ukraine to change law on bank insolvency in bid for IMF loans

Ukraine is finalising changes to legislation on bank insolvency in consultation with the International Monetary Fund as part of efforts by Kyiv to secure a new loan programme, a senior state official told Reuters.
Global Europe 25-09-2019

Georgieva to be the first IMF chief from an emerging economy

Bulgarian economist Kristalina Georgieva is expected to be confirmed on Wednesday (25 September) as managing director of the International Monetary Fund, which would make her the first person from an emerging economy to head the global lender.
Global Europe 22-08-2019

IMF executive board recommends scrapping age limit for Georgieva

The International Monetary Fund said on Wednesday (21 August)  its executive board recommended the removal of the age limit for its managing director, a move needed for European nominee Kristalina Georgieva to be approved for the job.
Economy & Jobs 31-07-2019

Europe splits over IMF leadership

Divisions between the EU's geographical blocs are complicating the process of picking a European candidate to lead the International Monetary Fund (IMF), as the EU wants to agree on a nominee as soon as possible to retain the Fund’s chair.
Economy & Jobs 10-07-2019

Europe agrees to put forward one candidate for IMF chair

EU finance ministers unanimously decided on Tuesday (9 July) to present one single candidate to succeed Christine Lagarde as Managing Director of the International Monetary Fund.
Economy & Jobs 03-07-2019

Lagarde’s ECB nomination thrusts IMF into early succession race

The nomination of Christine Lagarde as European Central Bank president on Tuesday (2 July) has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war that has darkened the outlook for global growth.
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