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2 May 17
Greek bailout officials have reached a deal on future austerity measures in the country, including pension and tax cuts and ending six months of wrangling.
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7 Apr 17
Greece and its creditors have chipped away at a deadlock over the next phase of its €86bn bailout deal, reaching an agreement on the “overarching issues”.
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6 Apr 17
Ukraine could be on track to receive a total of $5.5bn from the International Monetary Fund this year if the country presses ahead with anti-corruption and pension reforms.
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21 Mar 17
Eurozone finance ministers have agreed to benchmark the sustainability of member states’ pension systems against the performance of the best.
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13 Dec 16
Claims the International Monetary Fund is demanding more austerity in Greece amount to ‘turning the truth upside down’, the fund has argued.
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9 Nov 16
Thousands of public sector workers have stormed Rio de Janeiro’s state assembly to protest against austerity plans imposed to try to deal with its financial crisis.
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11 Oct 16
Greece is set to receive €2.8bn ($3.1bn) from its European creditors after the country passed a number of required reforms relating to pensions, the energy sector and the privatisation of state...
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30 Sep 16
Brazil should pursue tougher austerity policies to bridge its substantial fiscal gap and pull its economy out of a painful recession, according to the International Monetary Fund.
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26 Sep 16
Greece’s creditors need to offer more substantial relief options to tackle the country’s €248bn ($279bn) debt mountain, the International Monetary Fund has said.
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7 Sep 16
Provincial pension funds throughout China are struggling to break even after the government ordered a 6.5% increase on the basic pension for corporate retirees, according to state news agency Xinhua...
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6 Sep 16
Greece looks set to have another €2.8bn in bailout funds frozen amid reports that its European creditors will withhold the cash for the rest of the year due to lack of progress with reforms.
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22 Aug 16
Thousands of people took to the streets in Chile yesterday to demand that the country’s controversial privatised pension scheme is scrapped.
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25 Jul 16
The International Monetary Fund has approved another line of credit for Morocco, worth $3.47bn over two years.
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23 Jun 16
The International Monetary Fund has cut its growth forecasts for the US economy, warning of threats from high rates of poverty and inequality and sluggish productivity.
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10 Jun 16
Tackling badly coordinated policies will be key to stimulating stubbornly low productivity growth, the OECD has said.
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1 Jun 16
The global economy is stuck in a “low-growth trap”, the OECD has warned, urging policymakers to act before they are forced to fall short on their promises made to entire generations of people.
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25 May 16
Greece’s European creditors have agreed to release €10.3bn in bailout cash and some debt relief for the country following a tense, 11-hour Eurogroup meeting in Brussels yesterday.
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17 May 16
Poland’s plan to lower the retirement age is a “step in the wrong direction” and the government should reconsider, according to the International Monetary Fund.
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10 May 16
Greece has edged closer to unlocking the next tranche of much-needed bailout funds as eurozone finance ministers commit to look into how to ease the country’s debt burden.
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9 May 16
Athens lawmakers have approved a host of controversial pension and tax reforms in a bid to unlock the next tranche of Greece’s bailout cash.
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28 Apr 16
Greek prime minister Alexis Tsipras has had his call for a snap European Union summit rejected as fears grow around a repeat of last summer’s crisis that almost saw Greece ejected from the eurozone.
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18 Apr 16
The Palestinian government is losing as much as $285m in revenues annually under arrangements whereby Israel collects VAT, import taxes and other revenues on its behalf.
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11 Apr 16
Boosting productivity and bringing more people into the labour market must be Japan’s “number one priority” if it is to compensate for its rapidly shrinking workforce, the OECD has warned.
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5 Apr 16
Germany may be a bright spot in the otherwise weak global recovery but challenges, in particular the effective integration of refugees, nevertheless lie ahead, according to the OECD.
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10 Mar 16
Stabilising public finances and tackling poverty and inequality in Greece are crucial for the debt-laden country’s emergence from crisis, the OECD has stressed.