International development

Talks about increasing public sector wages and pensions in Serbia will continue in the weeks ahead, the IMF has said in a statement.

In an opinion article by signed by J. Kyle Bass in Bloomberg titled “The IMF needs to stop torturing Greece”, the author, who is a chief investment officer for Haynman Capital Management with a stake in Greek banking shares, urges the IMF to ease up on its harsh demands from Greece and consider writing off part of what is owed to it by the embattled country. From Bloomberg:

European companies suffer from "promise fatigue" over China's failure to follow through on pledges to open its market, the EU Chamber of Commerce in China said on Sept. 19.

The chamber issued an annual 400-page report detailing the regulatory barriers that continue to hinder investment in the world's second-largest economy.

BELGRADE - Serbian President Aleksandar Vucic on Friday met with International Monetary Fund mission chief James Roaf and representatives of an IMF technical mission to discuss the organisation's current arrangement with Serbia.

According to the Bloomberg news agency, a Greek official today left open the possibility of the country needing more fiscal measures in 2018, speaking to reporters. The same official stressed that the government is opposed to the IMF’s request to conduct a new AQR assets for banks.

French President Emmanuel Macron on Thursday urged the International Monetary Fund to show "good faith" in upcoming Greek debt talks.

"The IMF's role in the end of these talks must be in good faith and without adding further conditionality," Macron told journalists in a joint news conference in Athens with Greek Prime Minister Alexis Tsipras.

The World Bank Group and Turkey have renewed their partnership with the introduction of a new Country Partnership Framework (CPF) with a substantial amount of financing line late in August.

The 2018-2021 CPF for Turkey focuses on three core areas: Growth, inclusion and sustainability, read a World Bank Group statement, which was released on Aug. 30. 

The IMF Executive Board has completed the seventh review of Serbia's current stand-by arrangement (SBA) and concluded its Article IV consultations with Serbia.

The National Bank of Serbia (NBS) announced this on Thursday, according to the Serbian government.

The IMF Executive Board has completed the seventh review of Serbia’s current stand-by arrangement (SBA) and concluded its Article IV consultations with Serbia.

The National Bank of Serbia (NBS) announced this on Thursday, according to the Serbian government.

Greece accounted for just 60, or 0.56 percent, of 10,660 foreign direct investment (FDI) projects in seven Mediterranean countries between 2011 and 2015, according to a study conducted by EY.