View all articles

EU

Rights

News

Labour in Greece: With friends like the IMF…

IMF agrees to conditional participation in new Greek loan package and demands that the government maintains the suspension of collective bargaining despite rising inequality and decrease in wages.

27 September 2017

Conditionality

Analysis

IMF “rebuked” over role in Troika and its lending to Greece, Ireland and Portugal

IMF’s Independent Evaluation Office has found the Fund’s 2010/2011 Troika lending to Greece, Ireland and Portugal fell short in terms of surveillance, design, implementation and decision making, and described controversial decisions as appearing “rubber-stamped”.

23 September 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 influence in Europe weakening?

As eurozone crisis countries, such as Ireland, complete their loan agreements with the IMF and European lenders, the IMF looks to amend rather than end its role in Europe. Meanwhile, a European parliamentary committee is examining the lending agreements and questioning their efficacy and lack of transparency.

23 January 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
View all articles

Other news

Conditionality

News

World Bank and IMF prepare Tunisia loan programmes

As the IMF initiates negotiations with Tunisia, concerns have been expressed that renewed reforms will not be inclusive or target deep-seated economic and social issues.

5 April 2016

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

Conditionality

News

IMF embroiled in Ukraine crisis

Ukraine’s interim government concluded negotiations in late March for an IMF loan, likely to carry wide-ranging conditionality.

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

Is the European recovery finally under way?

CEPR event at the 2013 civil society forum on whether a recovery is under way in Europe; held as a debate between Prakash Loungani of the IMF's research department and Mark Weisbrot, CEPR co-director.

13 October 2013 | Minutes

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

Finance

News

Financial transactions tax: IMF at odds with Europe

The IMF has put itself out of step with Europe on the issue of financial transaction taxes.

3 October 2013
View all articles