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Lagarde

ECB Meets in Greece; Holds Rates Steady After 10 Consecutive Hikes

The European Central Bank (ECB) meeting in Greece, left interest rates unchanged on Thursday, after an unprecedented streak of 10 consecutive rate hikes. The ECB has lifted rates by a combined 4.5 percentage points since July 2022 to combat runaway...

IMF Chief Congratulates Tsipras on 'Reforms'

  A high-profile meeting between Greek premier Alexis Tsipras and IMF head Christine Lagarde has ended in Davos, Switzerland. Lagarde tweeted shortly after Thursday's meeting: "We agreed to work together toward the shared goals of completing reforms and securing debt relief...

IMF Chief Backs Tough Greek Reforms

  Controversial reforms recently approved by the Greek parliament have been welcomed by the head of the IMF, Christine Lagarde. In comments reported by the Athens-Macedonian News Agency, Lagarde said Greece was now “better equipped to grow in the future”. However, the...

Surprise from Lagarde: Let the Olympic Games Come Home to Athens, Permanently

While at the Aspen Ideas Festival in Aspen, Colorado, Christine Lagarde, Managing Director of the International Monetary Fund (IMF) shocked many with her response to an idea put forth by Kitty Boone, Vice President and Executive Director, Public Programs...

Christine Lagarde Sends Letter to Greek PM over Wikileaks IMF "Disaster"

IMF managing director Christine Lagarde sent a letter to Greek PM Alexis Tsipras regarding an IMF staff conversation that was leaked and described that IMF is will not participate in the Greek programme because it has fears for bankruptcy...

Tsipras Will Meet ECB’s Asmussen

Alexis Tsipras, leader of Greece's major opposition party the Coalition of the Radical Left (SYRIZA) which is opposed to international bailouts and the austerity measures that come with them, is due to meet European Central Bank (ECB) Executive Committee...

Papaconstantinou's Fate In Judicial Hands

Former Greek finance minister George Papaconstantinou, indicted two months ago by Parliament over his handing of a list of 2,062 Greeks with $1.95 billion in secret Swiss bank accounts, will find out soon whether he will have go to...

Brazil Recalls IMF Rep Over Greek Criticism

Paulo Nogueira Batista, Brazil's representative to the International Monetary Fund, who abstained from a vote granting more aid to Greece after he said the idea it could be paid back was "delusional," was recalled by Finance Minister Guido Mantegna...

Lagarde Says EU Must Cut Greek Debt

Greek Prime Minister Antonis Samaras' hope that international lenders will yet agree to cut Greece's debt even if it makes them take losses is still alive, at least with International Monetary Fund Managing Director Christine Lagarde, who said Europe...

Greece Targets Wrongdoing Civil Servants

Getting ready to transfer or fire up to 40,000 public workers over the next two years on the orders of international lenders, Greece is finally going after those who've been disciplinary problems or been wrongdoers at work. Some 104 civil...