Greece submits new proposal to creditors

Greece submits new proposal to creditors

(VOVworld) - Greece has submitted a new proposal to its international creditors in a last-ditch attempt to keep from defaulting on its IMF debt payment, which falls due on Tuesday
IMF receives loan extension request from Greece

IMF receives loan extension request from Greece

(VOVworld) – Eurozone finance ministers denied the last-minute proposal of Greek Prime Minister Alexis Tsipras to extend Greece’s bailout package during an urgent phone call Tuesday midnight
S&P downgrades Greece’s credit rating

S&P downgrades Greece’s credit rating

(VOVworld) – Standard and Poor’s Ratings Services (S&P) lowered its sovereign rating on Greece to “CCC minus” from “CCC”, saying the possibility of Greece exiting the Eurozone was now...
Greece before EU's last-minute deal

Greece before EU's last-minute deal

(VOVworld) – June 30th is the deadline for Greece to pay its debt to the IMF. When the bailout program expires, no rule says Greece has to leave the Eurozone if it defaults...
International creditors praise Greece's new proposal

International creditors praise Greece's new proposal

(VOVworld) – New proposals from Greece to resolve the debt crisis have been positively received by the three international creditors, the European Union (EU), the International Monetary Fund (IMF) and the European Central Bank (ECB...
Tsipras says creditors seeking to humiliate Greece

Tsipras says creditors seeking to humiliate Greece

(VOVworld) – Greek Prime Minister Alexis Tsipras has accused international creditors of trying to “humiliate” Greece and called on the EU to reconsider its support for the harsh reform proposals laid out by...
NA Vice Chairwoman: Vietnam hopes to get IMF’s advice

NA Vice Chairwoman: Vietnam hopes to get IMF’s advice

(VOVworld) - Vietnam wishes to receive advice from the International Monetary Fund (IMF) on how to overcome difficulties and obstacles to successfully restructure its economy, said National Assembly Vice Chairwoman Nguyen...
Greece submits new reform plan

Greece submits new reform plan

(VOVworld) - Greece introduced a new reform plan to its EU-IMF creditors on Tuesday before Prime Minister Alexis Tsipras’s warning that the lack of a deal would lead to...
IMF warns of economic challenges to Latin America

IMF warns of economic challenges to Latin America

(VOVworld) – The economic challenges that Latin America faces are not trivial amid decreasing raw materials’ prices, the International Monetary Fund (IMF)’s deputy chief David Lipton said at a high...