31 May '13, 9pm

IMF releases 1.7bn euros for Greece:

Greece received a vote of confidence from international creditors over progress in overhauling its stricken economy -- and a fresh injection of cash from the International Monetary Fund. In Washington, the IMF announced it had released 1.74 billion euros ($2.26 billion) in fresh funds after Greece passed a third performance review -- part of the terms of the joint IMF-EU bailout. IMF chief Christine Lagarde praised Greek efforts to meet their commitments. "The Greek authorities have made commendable progress in reducing fiscal and external imbalances and in restoring competitiveness," she said in a statement. "The authorities remain committed to make rapid progress on productivity-enhancing structural reforms and on tax and public administration reforms. "Greece is well under way to complete its ambitious fiscal adjustment plan, and is on track to meet its 2013 fiscal targ...

Full article: http://sg.news.yahoo.com/imf-releases-1-7bn-euros-greece-...

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straitstimes.com 23 May '13, 1pm

PARIS (AP) - International Monetary Fund (IMF) chief Christine Lagarde is facing questions at a special Paris court on Thu...