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"IMF" tag
imf-economic-prospects-marketexpress-in

IMF positive on global economic prospects

In its latest assessment and forecast for the world economy, the International Monetary Fund has been the bearer of some rare good news. Yet, while the global economy is enjoying strong growth, challenges remain. The...

imf-economic-recovery-marketexpress-in

IMF: ‘Economic recovery on firmer footing’

The International Monetary Fund has said it believes in an even broader economic upswing globally in the years ahead. The lender’s latest revision of its quarterly growth outlook also bodes well for the eurozone. Presenting...

new-development-bank-marketexpress-in

New Development Bank: A challenge or complement to financial system

Challenging the World Bank and the IMF as a response to their failed reforms or complementing the existing market players with efficiency and not a competition, the New Development Bank focuses beyond those things and...

imf-figures-marketexpress-in

A Few Takeaways from the Latest IMF Reserve Figures

The IMF is the most authoritative source for reserve holdings of central banks. It reports the data at the end of each quarter with a quarter lag. At the end of last year, the IMF...

yuan-reserve-currency-marketexpress-in

Yuan becomes IMF reserve currency

China’s currency has received a major status upgrade after the IMF agreed to include it in an elite basket of currencies. The decision marks a coming of age for the world’s second-biggest economy. Officially it’s...

Greece time out MarketExpress-in

100 days of Tsipras – chaos, frustration and disarray

Never before has an EU government done so much damage in so little time. In his first 100 days Alexis Tsipras has slammed shut every door and alienated his friends. But the chaos continues, writes...

Greece time out MarketExpress-in

Greece FM promises prompt IMF repayment

Greece has agreed to repay its debt to the International Monetary Fund due this week, according to the Fund’s director. Christine Lagarde held informal discussions with Greece’s finance minister in Washington. Greece’s Finance Minister Yanis...

Standard & Poor’s downgrades Italy by one notch

The ratings agency Standard & Poor’s has downgraded Italy’s credit score by one place. S&P noted that the country’s creditworthiness might well take a further hit in the not-too-distant future. The New York-based agency announced...

Greece debt costs surge on government collapse

Borrowing costs for debt-laden Greece have surged massively as the smallest party in the ruling coalition decided to exit the government. The move raised uncertainty over reforms and the country’s ability to repay debt. Yields...

National Bank of Greece escapes nationalization

The biggest lender in debt-stricken Greece, the National Bank NGB, has announced that it raised the necessary amount of private capital to avoid nationalization. It secured even more money than required by law. The National...