portugal third eurozone economy on lifeline

Portugal third eurozone economy on lifeline

Portugal is now the third eurozone country to take up rescue crutches, with the opposition signalling Wednesday it will go along with a 78-billion-euro EU-IMF deal to avoid debt default.
greece will emerge from crisis pm

Greece will emerge from crisis: PM

Greek Prime Minister Georges Papandreou said Sunday his country will emerge from its economic crisis "despite the difficulties" that still confront it one year after a EU and IMF bailout.
eu imf experts review crisis help for romania imf

EU-IMF experts review crisis help for Romania: IMF

EU and IMF experts are to visit Romania next week for a first review of crisis loan arrangements, the International Monetary Fund said on Friday.
portugal pays more to raise fresh cash

Portugal pays more to raise fresh cash

Portugal, negotiating a debt rescue with the EU and IMF, raised one billion euros ($695 million) on Wednesday but had to pay much more as markets demanded record returns to hand over fresh cash.
eu imf face portuguese pressures on debt rescue

EU-IMF face Portuguese pressures on debt rescue

Top EU and IMF officials working on a debt rescue for Portugal worth some 80 billion euros Tuesday met leading unions and politicians who said new austerity measures should not kill off firms or lead to unemployment.
imf world bank see more economic peril ahead

IMF, World Bank see more economic peril ahead

Global finance chiefs have warned that rising food prices, unanswered joblessness, Mideast turmoil and weak finances in advanced economies could still derail economic recovery.
g24 nations reject imf plan on capital flows

G24 nations reject IMF plan on capital flows

The Group of 24 emerging and developing economies on Thursday rejected an International Monetary Fund plan for managing capital flows, saying measures should be up to the individual country to decide.
world bank imf lead move to help north africa

World Bank, IMF lead move to help North Africa

Global finance chiefs moved to aid strife-torn North Africa Thursday as the International Monetary Fund and World Bank warned of more potential social unrest from high food prices and joblessness.
eu banks threaten global financial stability imf

EU banks threaten global financial stability: IMF

Unhealthy European banks are the biggest threat to global financial stability, and they need to find fresh capital, the International Monetary Fund said Wednesday.
eu imf experts to discuss bailout with portugal on tuesday

EU, IMF experts to discuss bailout with Portugal on Tuesday

Experts from the European Commission, European Central Bank and IMF will visit Lisbon this week for talks on an 80 billion euro bailout for Portugal, a commission spokesman said Sunday.
us oil price tops key 110 barrier

US oil price tops key $110 barrier

US oil prices hit their highest level since September 2008 Thursday as the IMF warned that demand is outpacing the growth of global supplies.
imf warns oil growing scarce more costly

IMF warns oil growing scarce, more costly

The International Monetary Fund warned Thursday that nations should brace for dwindling oil supplies that could drive prices skyward as demand increases, especially in emerging economies .
imf endorses some capital controls for first time

IMF endorses some capital controls for first time

The International Monetary Fund on Tuesday endorsed capital controls for the first time, under certain conditions, in a package of proposals for governments to manage volatile capital inflows.
imf sets aside total 46 bn for romania

IMF sets aside total €4.6 bn for Romania

The IMF approved a new €3.6 billion loan for cash-strapped Romania on Friday, and said it would make €1 billion available from a previously-announced loan.
imf official praises vietnams economic efforts

IMF official praises Vietnam’s economic efforts

Vietnam ’s recent resolution to stabilise its macroeconomy showed the government’s determination to control the economy in the current situation, said an IMF official.