Displaying items by tag: imf

Greek PM Alexis Tsipras intervened from Thessaly following the bleak projections by the IMF on Greece’s primary surplus.

In a surprising turn of events, the usually intractable International Monetary Fund (IMF) has abandoned its staunch position of demanding a complete overhaul of Greek banks through a detailed Assets Quality Review (AQR).

Mr. Poul Thomsen, Director of the European Department, underscored the IMF's faith in the Greek economy, backtracking on earlier negative statements.