RIYADH - Emerging economies need to make sure their exchange rates are flexible enough to deal with volatile capital flows, a senior International Monetary Fund official said.
DUBLIN/LONDON - With liberation from Ireland's three-year bailout getting closer by the day, the banks which drove the country into the arms of the EU and IMF are once again taking center stage as Dublin tries to turn 11 billion euros ($15 billion) of its banking assets into hard cash.
WARSAW - The European Central Bank (ECB) still has room for further interest rates changes to stimulate Europe's sluggish economic growth, International Monetary Fund representative Jose Vinals was quoted as saying in an interview published on Tuesday.
BUCHAREST - The International Monetary Fund said on Tuesday it will postpone sending a review of Romania's new standby aid agreement to its executive board for approval after the country's president refused to ratify it because of tax hikes.
BUCHAREST - Romanian center-right president Traian Basescu said on Monday he would not ratify the leftist government's review of a standby loan deal with the International Monetary Fund and the European Commission because he opposed the introduction of a new fuel tax.
ATHENS - Greece's deputy prime minister accused its lenders of Monday of obstructing bailout talks after inspectors from the EU and IMF postponed a visit over a lack of progress on reforms.
BRUSSELS - International inspectors from the EU and IMF have called off a planned visit to Greece next week, officials told Reuters on Friday, a move that marks a new low in relations between the parties and could delay aid payments to Athens.
MEXICO CITY - Mexico's recent tax overhaul does not do enough to curb the government's dependence on oil revenue while other major reforms may not boost economic growth as much as authorities forecast, the International Monetary Fund said on Tuesday.
LISBON - Portugal is set to approve a 2014 budget on Tuesday, the last under its three-year EU/IMF bailout, but passing the measure is likely to trigger court challenges that could disrupt the country's exit from the bailout program.
WASHINGTON - The International Monetary Fund sees no urgent financing needs in Greece as the indebted euro zone nation can still draw on its own cash buffers in the next few months, the Fund's spokesman said on Thursday.