Result Page 20 for International Monetary Fund news & latest pictures from ibtimes.co.uk

Spain: Quarterly Unemployment Surges to Record High 27.2% [VIDEO]

More than 6.2m jobless in Spain as youth unemployment passes 55 percent mark.

UK Public Borrowing Falls, Deficit Narrows

Chancellor George Osborne borrowed less than fiscal watchdog predicted, despite weak domestic output weighing on tax receipts.

Eurozone Economic Slump Continues Amid Surprise German Slowdown [VIDEO]

German economic activity in April slows for the first time in five months as Cyprus headwinds hit the eurozone core.

Funding for Lending: Business Groups Welcome George Osborne Plan to Extend £80bn Scheme

Chancellor George Osborne set to expand Funding for Lending so it specifically targets SME finance to improve credit conditions for small firms.

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Mark Carney: Bank of England Alone Can't Save UK Economy from Crisis

Appearing to back Osborne over IMF on austerity, incoming BoE governor Carney said fiscal adjustments only route to sustainable economic growth for UK.

European Markets Rise Ahead of Italy Presidential Election and G20 Meeting

European shares advance in early trade as they pare huge losses over the week.

Cyprus Finance Minister Hints at Gold Sale Within Months

Cypriot central bank has earlier denied reports of gold sale.

UK Unemployment Up As Workers Suffer Lowest Wage Growth Since Records Began

ONS labour market data shows worsening picture for both employed and unemployed.

European Markets Gain as Investors Await UK Employment Data

Wall Street's strong gains on positive economic data help European markets to open on a higher note.

IMF Nudges Osborne on Austerity as it Slashes UK Growth Forecasts

International Monetary Fund predicts just 0.7 percent growth for UK economy in 2013.

IMF Cuts Global Growth Forecast As Austerity Bites in US and Europe

International Monetary Fund says advanced nations will expand at a 1.2 percent pace, compared to 5.3 percent for emerging and developing economies.

China's First-Quarter GDP Growth Eases to 7.7% on Lower Industrial Output

China attributes weak growth rate to global economic tensions and domestic controls such as property cooling measures.

Gold Loses Sheen as Prices Drop Over 20% from Record Highs

Cyprus bailout concerns contribute to the continued weakness of gold as precious metal dips below $1,400 for the first time since March 2011.

Student protest against bailout (Photo: Reuters)

Cyprus in Crisis: President Asks EU for Financial Assistance Despite Bailout

Nicos Anastasiades says he’s writing to EU officials to ask for extra assistance and support despite the €10bn bailout

Cash-strapped Egypt Owes BP $3bn

Egyptian government late on half of payments to oil companies as post-Arab Spring uncertainty damages economy.

European Markets Decline on Caution Over EU Meeting

European markets retreat after four straight days of gains.

Germany Urges Portugal to Stay on Austerity Path after Court Rules Against Coelho

Portugal's PM suffers setback in efforts to trim spending and reform public sector.

Gerard Depardieu 'Too Busy Filming' to Appear in French Court Over Drink Driving Charge

Actor misses court appearance for second time for November drink driving incident.

Cyprus Cure Sets Tone for Future Eurozone Problems [BLOG]

EU fix of Cyprus bailout sacrificed ordinary savers and rich Russians to German elector sentiment, argues James Pollock.

Cypriot Banks Set to Resume Full Day Operations with Capital Curbs

Capital controls to continue for longer belying earlier expectations.

Depositor’s Guide: Cyprus Capital Controls To Prevent Bank-Run

As the banks reopen, IBTimes UK outlines the strict capital controls in place

Cypriot Banks Reopen While Stock Exchange Remains Shut [VIDEO]

Depositors to face strict controls on card transactions, daily withdrawals, money transfers abroad and cashing of cheques.

BRICS Nations Set to Form New Bank to Replace IMF and World Bank

The BRICS nations will discuss ways to tackle under-development and currency fluctuations.

Eurogroup President Dijsselbloem Opens Rift with ECB on Cyprus Rescue Strategy [VIDEO]

ECB executive board member Benoit Coeure challenges 'Cyprus template' suggested by Eurogroup president Jeroen Dijsselbloem.

Cyprus Bailout: Banks to Remain Closed for Two More Days to Avert Run on Deposits [VIDEO]

Cyprus extends bank closure period in order to avoid mass withdrawals in connection with the bailout.

Cyprus Secures EU Bailout in Deal to Shrink Banking Sector [VIDEO]

Cyprus wins last-minute bailout deal as eurozone finance ministers agree on an alternative proposal to generate funds.

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