Offstream
news

Prime Minister Xavier Espot announces that he will enter urgently to parliamentary procedure on Wednesday so that the General Council can approve the normative framework to apply economic sanctions to Russia. This law will aim to freeze the bank assets of 700 people and 50 companies that the European Union considers to be linked to the invasion of Ukraine. It is the first time in the history of Andorra that sanctions have been applied to a foreign country.
2022-03-1

Belarus will receive $1 billion from the International Monetary Fund to help fight the COVID-19 outbreak in the country.
2021-08-23

Argentina announces that they will pay $250 million to the Paris Club and $350 million to the International Monetary Fund (IMF) to avoid default. Economy minister Martín Guzmán asks both entities to restructure the debts in order to make payment viable. The IMF has expressed its willingness for the payment after months of negotiations on a $45 billion debt acquired by the previous administration.
2021-07-28

The United States Congress formally reinstates Sudan's sovereign immunity. Sudan had paid the U.S. a $335 million settlement to victims of al-Qaeda attacks. The U.S. will partially pay off Sudanese bilateral debt, and its debt to the International Monetary Fund (IMF), while making another US$700 million available until September 2022 for assistance to the country.
2020-12-21

Lebanon's banking association rejects a plan proposed by the government to secure emergency funding from the International Monetary Fund, saying they were not consulted and the plan will "further destroy confidence" in the country's financial system.
2020-05-1

28 former Venezuelan officials are charged with corruption by a judge in Andorra.
2018-09-14

Romanian President Traian Băsescu sparks a new crisis by refusing to sign the country's IMF accord and threatens Prime Minister Victor Ponta's government with rejecting the national budget, blocking important indexations of salaries and pensions for the following year, over an ongoing political feud between the two leaders.
2013-12-3

The International Monetary Fund (IMF) says it underestimated the damage austerity would do to Greece.
2013-06-5

José Sócrates, the Prime Minister of Portugal, announces a bail out deal with the European Union and International Monetary Fund.
2011-05-3

Standard & Poor's downgrades Greece's sovereign credit rating to junk, four days after the country's government requests the activation of a €45-billion EU–IMF bailout.
2010-04-27