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ECB

Finance

News

IMF contemplates returning to Greece ... again

The IMF has confirmed its participation in negotiations for the third Greek loan programme since 2010, seeking debt relief, privatisation and pension reform. The IFC has invested €150 million in Greece's four main banks.

8 February 2016

Conditionality

Analysis

Greece: IMF fails to learn own "lesson on the economic impact of austerity”

IMF has been criticised for undermining negotiations between Greece and other creditors and ignoring the results of a democratic referendum.

25 September 2015

Finance

Analysis

Greece should default on its IMF loans

Bodo Ellmers of Eurodad argues that, should the IMF not get repaid by Greece, it could finally shock the institution from being a “political puppet” into an effective crisis response instrument.

7 July 2015 | Guest analysis

Conditionality

News

The Troika “hellhound” bites back in Greece

Troika mulls new loan while Greek government touts economic success story but economic, health and human rights conditions deteriorate. Lagarde admits “miscalculations” occurred in Greek loan, while European parliamentary committee blasts Troika as unaccountable and illegitimate.

27 February 2014

Finance

News

IMF champions growth

As global economic risks and stagnation in major economies are expected to persist, the IMF's rhetoric is increasingly anti-austerity, reflecting changing priorities in member states. However, states where IMF policy influence is greatest, spending cuts continue.

26 June 2013

Finance

News

The Troika setting a "default trap"?

Controversy erupted in January after the IMF implied lenders to Greece may need to provide yet more debt relief, while the social and economic sustainability of other Troika (the lending triumvirate comprising the Fund, European Central Bank and European Commission) programmes is still in question.

13 February 2013
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Other news

Social services

News

Troika in Cyprus: privatisation outrage

The Cyprus government nearly fell in February over IMF and European demands for the privatisation of three public utilities.

31 March 2014

IFI governance

News

Revolving doors: Portugal ex-minister appointed at the IMF

Former Portuguese finance minister, dubbed "fourth member of the Troika" appointed to head IMF fiscal affairs department.

31 March 2014

IFI governance

Background

Austerity and Inequality in Europe

Minutes from Oxfam-hosted civil society seminar at 2013 Annual meetings on European austerity and inequality

12 October 2013 | Minutes
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