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Monday 20 March 2023 Dublin: 12°C

# IMF

This year
2023
# Recession
Britain will be only major economy to plunge into recession in 2023, IMF warns
The IMF predicts that the UK economy will contract by 0.6% this year, 0.9 percentage points worse than its previous forecast in October.
Last year
2022
# Economy
Europe risks 'deeper recessions' due to Ukraine war and inflation, says IMF
Germany and Italy are predicted to slip into recession next year
Bank of England launches emergency bond-buying action as UK borrowing costs soar
It comes after the International Monetary Fund called on the UK government to ‘reevaluate’ its tax-cutting strategy.
# IMF
Ukraine requests 'emergency financing' from IMF
The crisis lender has an existing $2.2 billion aid program with Kyiv.
All time
# Eurozone
Economic recovery from pandemic expected to be slower in Europe than US or China
The International Monetary Fund predicts slower growth for Europe after second and third waves of Covid-19 cases.
# beirut
Lebanese diplomat appointed to form new government in crisis-hit country
His appointment comes weeks after a devastating explosion in Beirut.
# Global Recession
'There has been an intellectual rethinking on the whole issue of government borrowing'
Why austerity is out and public spending is back on the menu for economists.
# Coronavirus
IMF cancels debt payments of 25 'vulnerable' countries amid Covid-19 pandemic
The debt payments of the countries, which are primarily in Africa, will be cancelled for at least six months.
# rescue deal
Donohoe has 'little reason to doubt' Covid-19 will cause worst economic crisis since Great Depression
The Finance Minister said Ireland will likely have to access some of the financial supports made available by the EU.
# factcheck
FactCheck: Did the German parliament approve the Irish budget in 2011?
Irexit Party leader and European election candidate Hermann Kelly claimed that the German Bundestag approved the Irish Budget in 2011 before the Dáil.
# Economic crisis
Venezuela heading towards 1,000,000% inflation, according to IMF
The South American nation is in the midst of a five-year economic crisis.
# IMF
iPhone exports accounted for a quarter of Ireland's economic growth last year
That’s according to a new report by the International Monetary Fund.
# Repayment
Ireland gets approval for early repayment of €5.5 billion in bailout loans
Minister for Finance Paschal Donohoe has this will save Ireland €150 million over the remaining life of the loans.
# Letterbomb
Greek anarchists target Dublin financial firm with 'exploding letter'
The package was intercepted in Paris before it reached its Irish destination.
# France
Person injured at IMF Paris offices after opening exploding envelope
The IMF employee has reportedly been injured in the hands and face.
# 2015 called
As if we didn't have enough to worry about - here are five reasons why a GREXIT is back on the agenda
The will-they-won’t-they Greek financial crisis dominated the summer of 2015.
# Verdict
Christine Lagarde found guilty by French court over payout - but will not face a sentence
The IMF head was found guilty for failing to challenge a €404 million compensation payout to a business tycoon.
# a herculean effort
Greece is out of recession for first time in two years
Greek government has claimed its economy is now in better shape than at any point since the financial crisis.
# Controversy
IMF boss Christine Lagarde to stand trial over controversial payout
She will be the third successive head of the IMF to face a trial.
# cold comfort
Why a two-year rent freeze could do a lot more harm than good
The government’s rent-control measures were announced last week.
# dread letter days
'Ultimatums are not the way to do business': Key IMF figure criticises Trichet letters
Ajai Chopra claimed the ECB “went beyond its mandate” in letters sent by Jean-Claude Trichet to Brian Lenihan.
# Christine Lagarde
Even the IMF thinks that Greek debt is too high
Christine Lagarde has said that the country cannot restore debt sustainability “solely through its own actions”.
# vote passed
Tsipras 'doesn't regret' leading Greece into third multi-billion euro bailout
The country’s parliament has approved the deal after all-night talks.
# Neverending Story
Greece latest: Government wants final deal by 20 August
Politicians are due to vote on a second batch of reforms tomorrow in a fresh test of Prime Minister Alexis Tsipras’ authority.
# Open for Business
Greek banks reopen as citizens face massive price hikes
Greeks will be able to withdraw up to €420 at once per week.
# bad choices
'Giving another bailout to Greece is like giving money to a drug addict'
“Maybe [Tsipras] didn’t really have a plan.”
# greek drama
Greek parliament passes sweeping austerity bill in advance of third bailout
Prime Minister Alexis Tsipras is facing a rebellion in Syriza, amid violent protests on the streets of Athens.
# Bailout
Greek PM says he signed a deal he doesn't believe in ... but will implement
He added that he plans to carry out his responsibilities in office for the next four years.
# Done Deal
Tsipras has two days to convince his parliament about third bailout
A deal has been agreed – but it still needs to clear the Greek parliament.
# feta-compli?
Greece latest: Eurozone ministers to make 'major' decision tomorrow
The country is looking for a €53 billion bailout.
Voices
What happens to currencies when they die?
We pursue it, discuss it, count it and obsess over it… but do we ever really think about what ‘money’ is?
# Conspiracy Theories
Brian Cowen played golf with Seán FitzPatrick but they never discussed Anglo
The former Taoiseach also said he underestimated the impact of the IMF coming to town.
Voices
Greece has offered Europe an opportunity to redress a fundamental flaw
It is in all our interests to bind up the economic and political wounds of the past seven years.
# Your Say
Poll: Should Greece accept the terms of a new bailout?
Nai or oxi?
Voices
It’s time to let Greece – and the euro – go
The Greek problem will never be solved within the eurozone. It’s time to let them leave the euro, default on their loans, and try to rebuild from there with the drachma.
Voices
What's the issue with Greece's pension system?
The main bone of contention in negotiations between Greece and its creditors has been how to resolve the pension system. But why is it such a huge issue?
# Debt March
Greece has another €10.3 billion in debt due in 2015
And you thought your debts were bad.
# little help
Greece will accept the troika's bailout terms... but says it hasn't capitulated
Germany is still demanding the country go through with its planned referendum.
# with a whimper
It's official - Greece has failed to pay for its loans with the IMF
The deadline of 11pm has been and gone.
Voices
The Troika's negotiations with Greece shows why Ireland must do the right thing
Heavily indebted countries should have a transparent, independent mechanism to turn to when facing the possibility of not being able to repay debts.