The IMF Published This Cryptic Statement On Greece Following Yesterday’s Der Spiegel Bombshell

  The IMF has said that it will meet with Greek officials later this week to get the country’s economic program “back on track.” This statement comes in the wake of yesterday’s bombshell Der Spiegel article alleging that the IMF will not

Gov’t, troika in tug-of-war over layoffs

The insistence of Greece’s international creditors, the European Central Bank, European Commission and the IMF — known as the troika — on public sector layoffs is leading to a tug of war with the government, which is focusing on the

Greek program needs redesigning, says PIMCO CEO

      By Tom Ellis Greece should take up the issue of separating the 50 billion euros that went toward recapitalizing the country’s banks from the country’s public debt with its European partners and the International Monetary Fund, says

Yannis Stournaras, financ…

Yannis Stournaras, finance minister, said the governing coalition would have to accelerate reforms before asking for modifications in a €174bn programme agreed in February with the European Union and the International Monetary Fund.

Greece Gives Up Immediate Plan For Getting New Bailout Terms

Euro-Zone Shark Still Has Its Appetite

“A shark has to constantly move forward or it dies. And I think what we got on our hands is a dead shark.” Woody Allen’s description of his failing relationship with Annie Hall is as apt when applied to the

Angela Merkel Is Playing You For Fools – a different perspective

Oh come on, leave the girl alone already. First off, all those people talking about a solution for the eurozone need to finally understand there ain’t no such thing. And whatever slim chance of a solution the most optimistic –

LIVE: IMF Says Greek Loan Package Could Be Changed

(Photo by Andreas Rentz/Getty Images) 27 European Union leaders are meeting in Brussels today for their latest summit. Investors wait with baited breath to see whether EU leaders will finally take bigger steps towards fiscal union by enacting some burden-sharing

The Really Big Show In Europe Is Italy

The Really Big Show In Europe Is Italy   Wikimedia commons Peter Spiegel of the FT has a must-read pieceon the urgency of the current EU Summit, which includes this key insight…   Although Italy does not have Spain’s banks, Greece’s

EU looks for bold steps, but what about voters?

By Luke Baker As Europe prepares a 20th attempt to tackle its debt crisis at a summit on Thursday, one point of discussion is getting little mention but worrying politicians perhaps more than anything else – how to keep voters

Greece Asks Troika For Moon; Time Means Money

It will be interesting to see how long the coalition in Greece will last after Germany shoots down Bailout Easing Proposals by Greece to …. Cut the VAT Freeze layoffs Extend timeline to reduce its deficit by two years Recapitalize lenders Provide