European Stability Mechanism managing director Klaus Regling: ‘The Greek government should sell what has happened already – and what might have been – very positively to their electorate.’ Photograph: Julien Warnand/EPA

Peter Spiegel in Brussels The head of the euro zone’s €500 billion bailout fund has played down expectations that Greece will be granted large-scale (...)

The Federal Reserve: the IMF urged it to wait until next year to raise rates for the first time in almost a decade

The International Monetary Fund has warned that emerging economies and bond markets need to prepare for an increase in corporate failures if and when (...)

 A financial loans store in downtown Brasilia, Brazil.  The IMF has warned that firms in emerging markets are exposed to currency risk. Photograph: Ueslei Marcelino

The International Monetary Fund warned on Tuesday that emerging market firms, which together have amassed a record $18 trillion (€16 trillion) of debt(...)

Minister for Justice Frances Fitzgerald has said long-awaited legislation to reform the legal profession will be in place by the end of the year.  Photograph: Eric Luke/The Irish Times

Minister for Justice Frances Fitzgerald has said long-awaited legislation to reform the legal profession will be in place by the end of the year. Howe(...)

Ajai Chopra, former deputy director of the IMF, leaving the Dáil after giving evidence at the banking inquiry. Photograph: Alan Betson / The Irish Times

Former International Monetary Fund official Ajai Chopra has said the European Central Bank’s refusal to impose losses on senior bondholders pushed Ire(...)

Former IMF deputy director Ajai Chopra gives evidence at the Oireachtas banking inquiry

Letters exchanged between European Central Bank (ECB) president Jean Claude Trichet and then minister for finance Brian Lenihan in 2010 show Ireland w(...)

Ex-IMF official Ajai Chopra: appearing before inquiry as voluntary witness. Photograph: Eric Luke

Former International Monetary Fund official Ajai Chopra is expected to tell the Oireachtas banking inquiry the European Central Bank went beyond its (...)

The decision by the ECB not to co-operate with the banking inquiry has been criticised by the committee chairman. Photograph: Alan Betson/The Irish Times

The Dáil’s banking inquiry will discuss an extension to its November 30th deadline to produce its report due to delays caused by the investigation of (...)

Protesters gather at the main square in Chisinau yesterday: about 15,000 people were believed to have joined the demonstration demanding the  dismissal of several public servants, the president, speaker and prime minister and the return of stolen money from banks. Photograph: Dumitru Doru/EPA

Several protesters have been detained after tens of thousands in Moldova took to the streets of the capital to demand the dissolution of the new gover(...)

IMF managing director Christine Lagarde: better to make sure that the Fed's data are absolutely confirmed. Photograph: Valentyn Ogirenko/Reuters

The US Federal Reserve should not rush its decision to raise interest rates and should move only when it is sure the decision is unlikely to be revers(...)