The Sofia Globe - daily news and features from Bulgaria, CEE and the world
The International Monetary Fund says the global economy is expanding slower than it expected and has trimmed its projections for this year and next. The Washington-based agency said Tuesday it […]
Despite the unsettled political situation in Bulgaria, hard-earned macroeconomic and financial stability—which has helped to insulate Bulgaria from the severest effects of the global crisis—has been maintained, Michele Shannon, IMF [&he ...
Despite an uneven recovery between advanced and developing economies, the heads of both the World Bank and the International Monetary Fund say the global financial crisis has eased substantially. But […]
The International Monetary Fund says efforts to stimulate the economy with ultra-low interest rates and huge purchases of bonds are necessary, though there could be some bad side effects. The IMF’s […]
The head of the International Monetary Fund says financial conditions are improving in much of the world, but that differences are “starker than ever” between prospering and struggling economies. Christine […]
Cyprus has avoided bankruptcy by agreeing to a bailout deal that includes the closing of the island nation’s second largest bank and enforces heavy losses on wealthy bank depositors. In […]
Eurozone finance ministers and the International Monetary Fund have struck a deal to give cash-strapped Cyprus a bailout worth $13 billion to avoid bankruptcy. The deal was agreed upon early […]
International financial leaders have wrapped up the World Economic Forum meeting in Switzerland with warnings that much remains to be done to stabilize the global economy. International Monetary Fund chief […]
The government looked set this week to capitulate over controversial legislation that is blocking the commencement of formal negotiations for a joint International Monetary Fund and European Union bailout. A […]
Further action is needed to reform the global financial system, by strengthening crisis management tools and the overall architecture of the system, International Monetary Fund managing director Christine Lagarde said […]
