Christine Lagarde
Economy
Stournaras Says No to Salary Cuts and Tax Increases
Yannis Stournaras, the Greek Finance Minister stated that there will be no further cuts on salaries or an increase on taxes. He assured the government’s commitment by saying “no more horizontal measures means no new cuts and no tax...
Economy
Greek Lawmakers Want Troika Haircut
Some 3 1/2 years after asking for international bailouts and $325 billion in loans later, Greece hasn't made a dent in its debt, still hovering around $430 billion, and now is trying to make a case that it can't...
Economy
IMF Report Disputes Greek Surplus Claims
A report from one of Greece's international lenders, the International Monetary Fund has rattled the government because it estimates that a third bailout of about 6.9 billion euros - with corresponding austerity measures that Prime Minister Antonis Samaras swore...
Greece
Acquitted Journalist Vaxevanis Tried Again
Kostas Vaxevanis , the Greek whistleblower journalist who embarrassed a Greek government that hadn't acted on a list of Greeks with secret Swiss bank accounts by publishing their names, went on trial again on Oct. 8 of violating their...
Europe
Lagarde Says Greece Has A Surplus
In an interview with DW, Managing Director of the International Monetary Fund Christine Lagarde talked about Greece’s economic situation, stressing: “In Greece were required very significant structural reforms through which the country has gone with huge sacrifices”.
Moreover, Lagarde emphasized...
Economy
Samaras Talks Debt Cut in Washington
After a meeting in Washington, D.C., with International Monetary Fund chief Christine Lagarde, one of Greece's Troika of international lenders, Prime Minister Antonis Samaras, the New Democracy Conservative party leader, again began fishing for a debt cut he said...
Greece
Samaras Back to U.S. On Investment Hunt
Greek Prime Minister Antonis Samaras, who was in the United States in August to meet President Barack Obama and business leaders in Washington and New York is going back on Sept. 28, this time to meet Vice-President Joe Biden...
Economy
WSJ: IMF to Admit Big Fat Greek Bailout Blunders
Talk about a mea culpa. The International Monetary Fund is set to admit that it has made a number of big mistakes over the last three years in its handling of the bailout of Greece, which has been the...
Economy
Troika Says First Greek Bailout Botched
Envoys from international lenders are set to return to Athens on June 4 to conduct yet another review of Greece's books, at the same time that the International Monetary Fund admitted the country's first $152 billion bailout plan was...
Economy
Troika Mulls Reducing Greek Debt Load
Acknowledging that even two bailouts of $325 billion and imposing 74 percent losses on investors to write down debt still haven't done enough to right Greece's economy, the country's international lenders are considering finding other ways to reduce how...