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New Greek government pins hopes on privatisations

Greece's new government formally takes office this week and looks set to push privatisation so as to win favour and funds from EU-IMF creditors who are inspecting the country's strained finances.

New Greek government pins hopes on privatisations
Stanley Fischer. Photo courtesy of israelblogu.com
Israel sought $1 billion IMF loan for Palestinians

Israel sought a $1 billion IMF bridging loan for the Palestinian Authority earlier this year, but was turned down, an Israeli newspaper said Monday in a report.

Israel sought $1 billion IMF loan for Palestinians
Recovering Greek leader faces crucial audit

Ailing Greek Prime Minister Antonis Samaras must face a crucial audit by Greece's creditors this week and may be tempted to push a change of rescue terms more in line with what was recently offered Spain.

Recovering Greek leader faces crucial audit
Kazakhstan ranked 88th in debtors rating

Around $7,422 of the state debt falls on each Kazakhstan citizen.

Kazakhstan ranked 88th in debtors rating
IMF upbeat about Kazakhstan’s economy

International Monetary Fund (IMF) in its World Economic Outlook report forecasts that the 2012 Kazakhstan’s real GDP growth will make up 5.9%, reaching 6% in 2013.

IMF upbeat about Kazakhstan’s economy
Deputy Director of the IMF's Middle East and Central Asia Department David Owen. Photo courtesy of aef.kz
Prices growth is not related to the Customs Union: IMF

IMF representative linked the food prices increase in the Customs Union member-states with the global economic changes.

Prices growth is not related to the Customs Union: IMF
IMF on Kazakhstan’s banking sector

According to the IMF, a key task for Kazakhstan is a realistic revision of the banking sector.

IMF on Kazakhstan’s banking sector
Gregory Marchenko. © Yaroslav Radlovsky
It’s a pity emerging nations couldn’t agree on single candidate for the IMF managing director: Gregory Marchenko

According to him, if emerging nations don’t get prepared properly, the same thing may happen in 5 years’ time.

It’s a pity emerging nations couldn’t agree on single candidate for the IMF managing director: Gregory Marchenko
Gregory Marchenko. By Vladimir Dmitriev ©
I wouldn’t voice my thoughts on what I would do as IMF Head: National Bank Governor Gregory Marchenko

According to Mr. Marchenko, “a degree from a Kazakhstan’s university is enough to be a successful financier”.

I wouldn’t voice my thoughts on what I would do as IMF Head: National Bank Governor Gregory Marchenko
Karim Massimov. Photo courtesy of government.kz
Massimov congratulated Lagarde on election to IMF

Kazakhstan Prime-Minister Karim Massimov congratulated Christine Lagarde on her election to the International Monetary Fund.

Massimov congratulated Lagarde on election to IMF
Gregory Marchenko. ©Vladimir Dmitryev
Gregory Marchenko, Chairman of Kazakhstan’s Central Bank, withdraws his candidacy to head IMF

According to him, “it is more or less obvious” that the job will go to French Financial Minister Christine Lagarde.

Gregory Marchenko, Chairman of Kazakhstan’s Central Bank, withdraws his candidacy to head IMF
©REUTERS/Benoit Tessier
Marchenko's competitor to seek for support in Asian countries

French Finance Minister Christine Lagarde is planning to visit China, India and Brasil to get their support for the elections to the top IMF post.

Marchenko's competitor to seek for support in Asian countries
Gregory Marchenko. Photo by Vladimir Dmitriyev©
Marchenko estimated his chances to lead IMF as "not very high"

As per Marchenko, the chances are not very high, as major developing countries have not decided on a joint candidate for the position yet.

Marchenko estimated his chances to lead IMF as "not very high"
Karim Massimov
Appointment of the new IMF's chief will be informally discussed at G8 summit: Massimov

Karim Massimov tweeted about G8 summit and e-G8 forum.

Appointment of the new IMF's chief will be informally discussed at G8 summit: Massimov
Kairat Kelimbetov. Photo by Yaroslav Radlovskiy©
Marchenko's chances to head IMF are over 50%: Kelimbetov

The Minister said that the fact that Kazakhstan representative made it into the short-list of the IMF candidates is an achievement in itself.

Marchenko's chances to head IMF are over 50%: Kelimbetov
Arkady Dvorkovich. ©RIA Novosti
Dvorkovich: Europeans have more chances for IMF leadership

Representatives of European countries have more chances to lead International Monetary Fund: Russian President's Assistant.

Dvorkovich: Europeans have more chances for IMF leadership