Mozambique on strong growth path, says IMF

2015-07-03 19:50

The IMF has lauded Mozambique for its low inflation and strong economic growth, saying the country is on a strong growth path helped by robust investments.

'Yes' camp takes lead in Greek referendum poll

2015-07-03 15:15

Supporters of Greece's bailout terms have taken a wafer-thin opinion poll lead over the 'No' vote backed by the leftist government, 48 hours before a referendum.

Greece must reform before debt relief - Lagarde

2015-07-02 12:37

International Monetary Fund chief, Christine Lagarde has suggested Greece should move to reform its economy before its European creditors give it a break on its debt.

Greece now in same bracket as Zim, Sudan and Cuba

2015-07-01 07:47

Greece's last-minute overtures to creditors for financial aid were not enough to save it from becoming the first developed economy to default on an IMF loan.

Still breathing space for Greek banks

2015-06-30 14:24

Greece's banks may not be declared insolvent for several days after a default, offering the prospect of temporary breathing room in the run-up to a referendum.

Greece reels in shock as banks shut

2015-06-29 10:23

Greeks have woken up to shuttered banks, closed cash machines and a climate of rumours as a breakdown in talks pushed the country to the brink.

No deal for Greece, top-level talks to resume

2015-06-26 08:35

Greece has failed again to clinch a deal with its international creditors, setting up a last-ditch effort to avert a default next week.

Greeks defiant as clock ticks down in debt talks

2015-06-25 11:00

Greece's ruling Syriza party has dismissed reform demands from the country's international creditors as 'blackmail' as crisis talks to avert a debt default.

Lagarde: Greek plan can't be only tax pledges

2015-06-24 20:00

Greece must present credible reform plans and they cannot be built only on promises of more tax revenues, says IMF chief Christine Lagarde.

Debt relief key as Greek bailout talks near deadline

2015-06-24 11:30

A deal between Greece and its international creditors is being held up by a standoff over the central issue of debt relief, says economy minister George Stathakis.


What looms for Greece after referendum?

2015-07-03 16:40

Greek Prime Minister Alexis Tsipras's plan to hold a referendum as creditors' demands for austerity has prompted a breakdown in talks with lenders.

IMF warns of huge financial hole, Greek vote looms

2015-07-03 14:15

The International Monetary Fund has delivered a stark warning of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum.

Greece offers conditional okay to bailout

2015-07-01 14:44

Prime Minister Alexis Tsipras has told international creditors Greece could accept their bailout offer if some conditions were changed, but Germany says it cannot negotiate.

In? Out? In between? A Greek legal riddle for EU

2015-06-30 20:02

The president of the European Commission has told Greeks that saying 'No' to a bailout deal would be a vote to ditch the euro.

Greece will not pay IMF loan due on Tuesday - govt official

2015-06-29 20:30

Greece will not pay a €1.6bn loan instalment due to the IMF, a Greek government official has confirmed, highlighting the depth of the financial crisis facing the country.

Lagarde: IMF can’t lend to Greece if June payment missed

2015-06-28 16:37

The IMF will be prevented by its rules from providing additional financial assistance to the Greeks if they miss a June 30 payment, says IMF MD Christine Lagarde.

Creditors, Greeks put rival proposals to ministers

2015-06-25 16:30

Greece's international creditors have put a final cash-for-reform proposal to eurozone finance ministers in a showdown with Athens after lengthy negotiations failed.

Greece dampens German consumer confidence

2015-06-25 09:00

Consumer confidence in Germany is beginning to be dampened slightly by the uncertainty surrounding Greece, according to a poll.

Gaps remain in Greek talks with creditors

2015-06-24 13:30

Prime Minister Alexis Tsipras has flown to Brussels to meet Greece's international creditors try to bridge gaps on key elements of the proposals.

Power crisis biggest risk to SA growth - IMF

2015-06-23 18:04

SA's power supply crisis is the biggest obstacle to growth, while state support to Eskom and public sector wages may weigh on public finances, says the IMF.

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