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economy

Most Greeks think delay in bailout review bad for economy

Greek citizens fear that further delay in the conclusion of the pending bailout review will bring more negative effects on the country's economy, according...

Ghanaians Charged To Protect The Environment

President Nana Addo Dankwa Akufo-Addo has urged Ghanaians to change their attitude towards caring for the environment. “We are in danger of destroying our blessed...

Greece expects deal on bailout review without additional austerity

Greece expected a "political solution" with its international lenders to be reached to conclude the pending bailout review by the forthcoming Feb. 20 Euro...

Kwetey Rubbishes NPP IMF Bailout Claim

The governing National Democratic Congress (NDC) has refuted allegations by the opposition New Patriotic Party (NPP) that it engaged the International Monetary Fund (IMF)...

Terkper Beats IMF Over Ghana’s Bailout Conditions

The President John Mahama-led government has eventually outsmarted the International Monetary Fund(IMF) and had their way on the critical issue of the Central Bank’s...
Dr. Henry Kofi Wampah, Governor BoG

No bailout package for Customers of DKM – Wampah

The Governor of Bank of Ghana (BoG), Dr. Kofi Wampah, has emphatically stated that the Central Bank will not consider any form of bailout...
IMF

IMF Okays Ghana’s Bailout Programme, But Concerns Remain

According to the Washington lender, Ghana’s “economic outlook remains difficult with risks tilted to the downside.” The Executive Board of IMF has completed a second...
President John Mahama

Mahama/NDC’s disrespect for teachers is humongous

The direct insult, intimidation, oppression and disregard of the voice of teachers by this NDC/MAHAMA government can even be clearly easily seen by a...

EU says Greek financing requirement for bailout not to surpass 86 bln euros

The European Union (EU) on Tuesday dismissed reports which warn Greece's financing need will exceed 86 billion euros, the overall sum the country will...

Greek Bailout Won’t Just Work – Varoufakis

Yanis Varoufakis Mr Varoufakis, speaking on the BBC?s World at One, said that others negotiators in Tuesday?s agreement felt the same way. He said: ?The...
euro

Greece agrees on a third bail out deal

Greek government sealed on Tuesday the country's third bailout deal within five years with international lenders, it was announced in Athens. ...

MPs in Germany agree on bailout talks for Greece

The vote gives Mrs Merkel the green light to negotiate a third bailout The German parliament has voted in favour of starting negotiations on...

Government is not prepared to renegotiate IMF bailout terms

Government has categorically stated that it will under no circumstance renegotiate the 3-year International Monetary Fund (IMF) bailout programme.The Minister of Finance, Seth Terkper...

Progresses Made In EU, Greece Bailout Talks

Weekend negotiations between Greece and rescue lenders have made progress, officials on both sides said Monday even though Athens stressed it needed a swift...
Dr. Anthony Akoto-Osei

Secret document exposes how NPP rushed for bailout in 2002

The Herald?s trails into the claim of former President John Kufuor that the decision by the Mahama administration to seek a bailout from the...

BoG receives first tranche of IMF bailout package of $114m

Ghana?s Central Bank has received the first tranche of the $918 million bailout package from the International Monetary Fund (IMF). The $114 million hit the...
Greece

Greek Parliament to probe bailout

Greek lawmakers voted early Tuesday in favor of a parliamentary probe into the circumstances concerning Greece's resort to a bailout program in May 2010...
IMF

Executive board of IMF to meet on Ghana?s bailout

The IMF reached a long-anticipated loan agreement with Ghana in late February. The three-year, $940 million extended credit facility arrangement is subject to approval...

Bawumia?s?credibility: IMF US$950m bailout and AFDB non-sanction of Ghana

The credibility of Dr. Mahmudu Bawumia has taken a further nose-dive following new evidence disproving two major allegations he made involving Government?s relationship with...

IMF bailout comes with restrictions – President Mahama

Ghana?s programme with the International Monetary Fund (IMF) will come with some restrictions on commercial borrowing, President John Dramani Mahama has hinted. Consequently, the government...

IMF Bailout will not help Ghana – Kofi Amoah

An accomplished Ghanaian entrepreneur, Dr Kofi Amoah, is not in favour of the Ghana government?s decision to resort to the International Monetary Fund (IMF)...

Ghana?s recent request for an IMF bailout has taken the world by surprise –...

A former Deputy Governor of the Bank of Ghana, and Vice Presidential Candidate for the New Patriotic Party?s Nana Akufo-Addo, Dr Mahamudu Bawumia, says...
dollars

Portugal reimburses IMF $7 billion early

Portugal has reimbursed the International Monetary Fund (IMF) 6.6 billion euros (about 7 billion U.S. dollars), around 20 percent of what it owes, Portugal's...

Bailout Deal For Germany To Pass Easily

Greek voters have experienced years of austerity The extension ? approved by creditors last week in exchange for a series of Greek government reforms ?...
corruption

CSOs call for a national plan to fight corruption in Ghana

The Civil Society Platform on International Monetary Fund (IMF) Bailout has called for the implementation of the National Action Plan on the fight against...
Greece

Greece to submit economic reforms to secure a 4 months bailout extension

Greece's international creditors were awaiting a detailed list Monday of economic reform proposals out of Athens, with days left for the debt-ridden country to...

Board to decide bailout time for Ghana soon – IMF

The International Monetary Fund (IMF) says its Board will decide, after its current mission in Ghana ? which will last till February 26, 2015...

Greece throws out absurd EU bailout proposal

Greek Finance Minister Yanis Varoufakis European finance ministers are meeting in Brussels to try and reach a new deal on Greece?s bailout, which it...

IMF bailout will stabilze economy-Courage Martey

An Economic Analyst with Databank has expressed optimism that an anticipated programme from the International Monetary Fund (IMF) will help cushion the Ghana Cedi...
IMF

IMF Ghana Bailout Talks Breakdown

Report reaching DAILY GUIDE as at press time yesterday indicated that Ghana had failed to enter into an agreement with the International Monetary Fund...