Greece clears IMF hurdle but don’t relax just yet
May 12th, 2015
With news that talks between Greece and its lenders are making slow but sure progress and Greece made a multi-million euro loan repayment to one of its lenders a day early, goodwill towards the country is hitting highs not ...
Deal or no deal, Greece still faces bankruptcy
May 4th, 2015
Despite hopes that Greece and its lenders will come to some agreement in May, not everyone is convinced that a deal – which could unleash a last tranche of much-needed bailout aid — can resolve the country’s looming debt ...
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. ...
IMF Managing Director Lagarde’s statement on Greece – FM Yianis Varoufakis (Video)
April 6th, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), met today with Mr. Yanis Varoufakis, Minister of Finance for Greece, for an informal discussion on the Greek government’s reform program. After the meeting, Ms. Lagarde made the ...
IMF and China’s Ministry of Finance Sign Agreement on Strengthening Fiscal Institutions and Capacity Development
March 30th, 2015
A new initiative launched this week marks an important milestone in the area of technical cooperation and training between the International Monetary Fund (IMF) and the Chinese Ministry of Finance in support of a comprehensive package of reforms. These ...
Greece will stay in euro: Barroso (Video)
March 23rd, 2015
Greece will remain in the euro zone as long as Athens is willing to compromise, the former president of the European Commission told CNBC, noting this is what most Greeks desire. “I believe we should be flexible with Greece, ...
Europe shares higher; Tullow Oil up 4%
March 20th, 2015
European equities edged higher in the last trading session of the week, as investors reacted to individual stocks news amid hopes of further accommodative policy by global central banks. Tullow Oil gains The pan-European Euro Stoxx 600 index was slightly higher, ...
Varoufakis’ 6 reforms: 3 for humanitarianism + 3 for tax
March 4th, 2015
Greek Finance Minister Yanis Varoufakis is heading to the Eurogroup meeting of the euro area’s finance ministers on Monday with six proposals aimed at appeasing them. In an effort to reach a compromise, he is pulling back the proposal ...
Events – Conferences – Seminars
February 26th, 2015
Stay updated with coming Live Events, Conferences and Seminars for Forex Market, Accounting, Legal Banking and in general on Business, Finance and Investments
Eurogroup: EU “Trojan Horses” and cracks in the wall
February 20th, 2015
Friday’s Eurogroup is expected to be a tough day of negotiation and a last chance for a “mutually beneficial” situation Finance Minister Yanis Varoufakis’ proposal for a six-month extension of its bailout facility was rejected by Germany that won’t ...