Israel’s central bank should be prepared to raise interest rates and reduce foreign exchange interventions if inflationary pressures intensify further, the International Monetary Fund said on Sunday, according to Reuters. In a statement after its annual visit, the IMF said there was room for the Israeli government to raise taxes, while advising more efficiency in […]
Tag: IMF
Der Spiegel: Greece will soon be able to repay the latest debts to the IMF
“Greece wants to repay its last debts to the IMF”, is the title of an article in Der Spiegel magazine, which points out that the government in Athens seems to be able to repay the last loans soon – at least to one of the creditors of “. The report states that the Greek government […]
Within the next two months the full repayment of the IMF
Greece plans to repay more than 7 billion euros in the next two months to the International Monetary Fund and eurozone partners, fully repaying the funds borrowed from the Fund, two officials told Reuters. In particular, officials who spoke on condition of anonymity today at the agency said that the Greek Ministry of Finance will […]
What IOBE and IMF suggest for the Recovery Fund
By Tasos Dasopoulos Proper hierarchy of investments and reforms, aiming at the 30.5 billion euros of the Recovery and Resilience Fund (TAA) to have a multiplier effect on the economy and employment, for a longer period of time, suggest IOBE and IMF, at the beginning of the effort to implement the Greek “Greece 2.0” program. […]
Under the IMF microscope, the investment gap of Greece
By Tasos Dasopoulos The International Monetary Fund proposes more capital opening of closed professions, completion of the cadastre and complete, faster implementation of the Bankruptcy Code in order to increase private investments in the near future. A working text signed by the Fund’s researchers examines the creation of the investment gap of the Greek economy […]
Argentina has signed a major $ 45 billion deal with the IMF
Argentina has struck a $ 44.5 billion reserve deal with the International Monetary Fund (IMF), the government said on Friday, a significant step forward in the tense and lengthy loan restructuring talks that the country is unable to repay. The South American country has been in talks, according to Reuters, for more than a year […]
IMF warns of China’s unbalanced recovery and policy uncertainty
The International Monetary Fund said China’s economic recovery was good but unbalanced due to low consumption, and also warned of uncertainty caused by regulatory repressions in technology and slowing productivity. A less favorable basis for comparison, as well as weak consumption and headwinds from significant real estate investments will be key drivers for growth this […]
Faster rate hikes from the Fed could shake financial markets
“A faster rate hike by the Fed could shake financial markets, which could slow down US demand and capital outflows from emerging markets,” the said International Monetary Fund (IMF) in a blog post published Monday. Featured Comments Widespread wage inflation or sustained supply bottlenecks could boost US prices more than expected and trigger faster rate […]
The three reasons the IMF is concerned about cryptocurrencies
The International Monetary Fund has repeatedly voiced its concerns about cryptocurrencies, especially since this emerging market is growing so rapidly but without regulating its regulatory framework. The total capitalization of all cryptocurrencies exceeded 2 trillion. dollars in September this year, an amount ten times the market value they had at the beginning of 2020, according […]
Spain: The IMF downgrades growth estimates for 2021 and 2022
The International Monetary Fund has downgraded estimates for Spain’s economic growth this year and next, citing the prolonged impact of the coronavirus pandemic on sectors of the economy that require human contact, and persistent supply problems. The IMF now expects the economy to grow 4.6% in 2021, lower than previously forecast by 5.7%, and 5.8% […]
