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International Monetary Fund Managing Director Christine Lagarde said growth was picking up in the euro area and Japan and still looked robust in the United States and Britain.

A separate chapter in the IMF’s regular update on the world economy, which is expected to highlight a weaker outlook for global growth, also predicted more pain ahead for commodity exporters amid continued low prices for oil and other raw materials.

The grim outlook for commodity prices is contained in an analysis in a chapter released yesterday for inclusion in the IMF’s World Economic Outlook, October 2015.

Don Gimbel, global portfolio manager of Geneva Advisors in Chicago – who oversees $9 billion – asks, “Why would anybody want to be invested in a controlled market?”

Greek crises has many unanswered questions and silent reservations, where the bailout plan of €86 billion could still be scraped and further developments may experience criminal proceedings, regarding the former finance minister.

If the talks are not completed in time, European authorities may have to provide further temporary financing as they did with a July bridge loan, though Avgi said that possibility had not been discussed with lenders.

“I have been in politics myself”, International Monetary Fund Managing Director Christine Lagarde said during an online news conference. Although the global economy is recovering, Lagarde said, growth is still “fragile” and “faces a few downside...

“Negotiations on a memorandum of understanding should now progress as swiftly as possible”.

The number of disaffected Syriza MPs, who see the reforms as a betrayal of the anti-austerity platform that brought their left-wing party to power in January, shrunk slightly compared to last week’s similar vote – from 38 to 36.

We are certain to encounter problems in the years to come.

“It’s clear that talks are likely to include some extent of debt recast or write-downs to provide relief to Greek public finances”.

A statement from Tsipras’ office said: “The prime minister presented three leaders [with] Greece’s proposal for a mutually beneficial agreement that will give a definitive solution and not a postponement of addressing the problem”.