Showing posts with label creditors. Show all posts
Showing posts with label creditors. Show all posts

Wednesday, April 19, 2017

IMF Won't Commit to Greek Bailout Fund Without More Reforms - or Relief

The International Monetary Fund (IMF) is refusing to contribute to the Greek bailout fund unless the country's debt is "sustainable" - and restructured - IMF Chief Christine Lagarde has said, although her comments suggest the body is open to renegotiation. German malleability is a different matter entirely.

Friday, September 9, 2016

Le président de l'Eurogroupe presse la Grèce de progresser sur les réformes

La pression "est de retour" sur la Grèce, a déclaré vendredi le président de l'Eurogroupe, Jeroen Dijsselbloem, enjoignant Athènes à mettre en oeuvre les réformes demandées par ses créanciers.

Tuesday, May 17, 2016

Russia will not back IMF aid program to Ukraine if it fails to consider debt requests

Russia will not support the aid program of the International Monetary Fund (IMF) to Ukraine if it does not take into consideration Ukrainian obligations to Russia regarding $3 bln debt, the Finance Minister Anton Siluanov said in an interview aired by the Rossiya-24 TV news channel Tuesday.

Tuesday, May 10, 2016

Sunday, May 8, 2016

Another Greek crisis not beneficial to anyone

A new Greek crisis will not be beneficial to anyone, Greek Finance Minister Euclid Tsakalotos said in a letter addressed to his European counterparts ahead of Monday's Euro Group meeting, Greek media reported on Saturday.

Friday, May 6, 2016

IMF to review disbursement of bailout funds for Ukraine

The International Monetary Fund (IMF) announced on Thursday that its mission will be in Kiev next week for a review of a third tranche of a bailout package.

Thursday, March 3, 2016

Griesa lifts injunctions: 'Argentina needs time to raise money to pay creditors'

U.S. District Judge Thomas Griesa in Manhattan wrote that circumstances have changed so significantly after years in which Argentina refused to negotiate with creditors that his earlier orders have become detrimental to the public interest. He said Argentina also needs time to raise money to pay the creditors, especially since one of the largest deals calls for payment in six weeks.

Saturday, February 6, 2016

Argentina in 'breakthrough' offer to end debt battle . 25 percent "haircut"

Argentina has offered $6.5bn to settle a battle with creditors suing the country over defaulted bonds, seeking to end a long-running row that has hampered the country's access to international capital.

Thursday, January 28, 2016

Eurozone, IMF come to terms for next Greek bailout

Eurozone finance ministers and the International Monetary Fund have agreed early Tuesday to a deal setting the stage for Greece to receive the next installment of its urgently needed bailout loans, in a sum of nearly €44 billion.

Saturday, December 12, 2015

Greece reaches deal with creditors on fresh measures

Greece's government struck on Friday evening a deal with auditors of international lenders in Athens on the next set of measures to unlock a further one billion euro (about 1.1 billion U.S. dollars) bailout installment to the debt laden country in coming weeks.

Sunday, November 15, 2015

Greece, creditors resolve ‘many’ issues: Eurogroup head

Greece and its creditors have agreed on "many" of the issues that had to be resolved for Athens to receive more bailout funds but will hold more talks in the coming days, Eurogroup chief Jeroen Dijsselbloem said Sunday.

Thursday, October 29, 2015

IMF review of rules for Ukraine’s benefit may set serious precedent for international law

The International Monetary Fund (IMF) will set a serious precedent in case it carries on its lending program for Ukraine despite Kiev’s refusal to repay $3 bln to Moscow, Ukraine’s former minister of economy and financial expert Victor Suslov told TASS on Thursday, adding that this kind of decision would have been purely political and would have demonstrated revamping of the whole system of international law.

IMF Mulls Reforms to Allow Lending to States in Default

The International Monetary Fund (IMF) seeks to reform its lending policies in order to allow countries to borrow money even if they default on their obligations to bilateral creditors, IMF Communications Director Gerry Rice said in a briefing on Thursday.

Thursday, October 15, 2015

Saturday, October 10, 2015

Russia, Ukraine Fail to Agree on Debt Restructuring

  Russian Finance Minister Anton Siluanov and his Ukrainian counterpart Natalie Jaresko have failed to agree on the restructuring of Ukraine’s debt to Russia, which amounts to $3 billion.

Sunday, September 6, 2015

Poroshenko invites Russia to join creditor’s decision on debt restructuring

Ukraine’s President Petro Poroshenko has invited Russia to join the decision of the ad hoc Creditors’ committee on debt restructuring since it will have no privileges in this sphere.

Thursday, August 27, 2015

Ukraine clinches debt-restructuring deal with int'l creditors. Fitch downgrades Ukraine’s rating amid reports of debt write-off

Ukrainian government and its international private creditors have reached an agreement on restructuring its outstanding foreign debt after five months of negotiations, Ukrainian Prime Minister Arseny Yatsenyuk said Thursday.

Thursday, August 20, 2015

Greek bailout tranche disbursed on time, as gov't considers snap polls

The first tranche of the new Greek bailout program, the third in five years, was disbursed on Thursday on time allowing Athens to repay its maturing debts to international creditors, the finance ministry announced.

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