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IMF managing director Ms. Christine Lagarde. Photo EPA/BGNES
The International Monetary Fund (IMF) said on Monday it was ready to help Greece – if asked to do so – following the referendum that rejected the bailout-for-reforms deal proposed by international creditors.
"The IMF has taken note of yesterday’s referendum held in Greece,” the managing director of the IMF, Christine Lagarde, said in a statement posted on the IMF website.
“We are monitoring the situation closely and stand ready to assist Greece if requested to do so."
Greeks rejected the latest proposed international bailout deal by 61.3% to 38.7% in a referendum held on Sunday.
Greece failed to repay about EUR 1.5 B in debt owed to the IMF 30 June. To date, Greece has EUR 21.2 B in outstanding obligations to the IMF.
Greece’s failure to make the repayment when due means the country can no longer receive financing from the IMF under the existing extended arrangement of EUR 28 B approved in March 2012 and the IMF will not approve new financing to Greece until it clears its arrears, the global lender said earlier.
The National Assembly rejected President Rumen Radev’s request to hold a referendum on whether Bulgaria should adopt the euro in 2026
Christine Lagarde announced that only one month remains before Bulgaria officially joins the eurozone, noting that the new Bulgarian euro coins will begin circulating across the monetary union from January 1, 2026
The International Monetary Fund has indicated that Bulgaria’s flat tax system may not be sufficient to sustain growing demand for quality public services
A new attempt to call a referendum aimed at delaying Bulgaria’s transition to the euro would once again be unconstitutional and ultimately futile
The International Monetary Fund has finalized its 2025 consultation for Bulgaria, approving its expert conclusions through the “silent procedure” after a mission visited the country in September
President Rumen Radev has called on Bulgarian MPs to act on his request for a referendum on adopting the euro
The U.S. Department of State, the University of National and World Economy (UNWE), and Bulgarian Energy Holding (BEH) yesterday concluded two seminars on stakeholder engagement and industrial applications of small modular reactors (SMRs)
The Bulgarian government has approved an additional €25 million in revolving credit for Bulgarian Posts EAD to support the ongoing exchange of levs into euros at post offices
The Bulgarian National Bank (BNB) has updated its GDP growth forecast for Bulgaria for the 2025–2027 period, showing a more optimistic outlook than its June 2025 projections.
The National Revenue Agency (NRA) has continued monitoring commercial establishments and service providers across Bulgaria following the country’s switch to the euro
Washington has prolonged the validity of a US license allowing negotiations for the sale of foreign assets owned by the Russian oil major Lukoil, extending it until February 28
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