Search Results for: IMF
Alexis Tsipras flies to Moscow amid speculation of bailout from Putin
April 8th, 2015
Greek prime minister to sign accords with Russia, including gas price discount and possible loans in return for Greek assets, that would alarm EU creditors The Greek prime minister Alexis Tsipras, began a controversial visit to Moscow on Tuesday as ...
Greek finance minister wants initial deal with lenders at April 24 Eurogroup meeting – paper
April 6th, 2015
Greek Finance Minister Yanis Varoufakis wants the negotiations with the country’s official lenders to reach a preliminary deal at an April 24 meeting of eurozone finance ministers, he told Greek daily Naftemporiki on Monday. “At the Eurogroup (meeting) of April 24 ...
Cyprus lifts all capital controls as banks recover
April 6th, 2015
Cyprus is lifting the last remaining capital controls it imposed on its banking system during the financial crisis of 2013. Cyprus was the only crisis-hit eurozone country to restrict capital transfers, as it faced a run on the banks. ...
Bahamas Signs New AIFMD MoUs
April 6th, 2015
The Bahamas Securities Commission has signed Memoranda of Understanding (MoUs) with the securities regulators of Cyprus, Austria, and Spain, to open up market access for fund managers under the European Union Alternative Investment Fund Managers Directive (EU AIFMD). The ...
UAE signs up as founding member of Asian Infrastructure Investment Bank
April 6th, 2015
The UAE has joined the China-led US$50 billion Asian Infrastructure Investment Bank (AIIB) as a founding member, the government announced on Sunday. The Abu Dhabi Fund for Development, which has Dh8bn in capital, will represent the UAE government on ...
Greece’s Prime Minister Tsipras Heads to Moscow as Bailout Talks Drag On
April 6th, 2015
Greek Prime Minister Alexis Tsipras will be walking a fine line in Moscow this week, aiming to demonstrate an independent streak to voters at home without irritating the European Union as he negotiates for urgently needed funding. Greek officials and ...
Greece tells creditors it will run out of cash on April 9
April 2nd, 2015
Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said. The appeal ...
Greece, lenders, fail to unlock aid so far – officials
March 31st, 2015
Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday. Athens faces the prospect of running ...
Yanis Varoufakis calls for end to ‘toxic blame game’
March 30th, 2015
Yanis Varoufakis has called for an end to the “toxic blame game” between Greece and Germany. The finance minister made the call as Greece prepares to finalise its list of economic reforms to present to its international creditors. The ...
Greece fails to convince Europe on EUR 1.2 bn payment
March 26th, 2015
Greece does not have the right to 1.2 billion euros ($1.3 billion) it believed it mistakenly returned to the eurozone‘s bailout fund, an spokesman for the fund said Wednesday after talks with Greek officials. A working group from the ...
