...head Christine Lagarde has said she hopes that elections in debt-stricken Greece produce a government committed to sticking...
"We need - as Wolfgang Schaeuble also puts it - not less Europe, but more," he said in an opening address in...
Central bank head George Provopoulos told President Karolos Papoulias that savers withdrew at least €700m on Monday.
But despite encouraging comments from the conservative German leader about wanting to see growth, differences remain...
As leaders in Athens accepted the need for a new general election to end a national stalemate, the International...
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"This is a fundamental position and it also won't change..." New French President Francois Hollande has called for a growth pact to complement the EU fiscal pact, pitting him against Merkel who has pushed for euro nations to pursue austerity policies. Full Article at SINA English
Do you tell Britain to stick to its guns, demand that the government do an immediate U-turn and go for growth, or plump for something in between? The real IMF went for the middle-of-the-road option. While clearly deeply perturbed by the state of the UK... Full Article at Guardian Unlimited
LONDON, ENGLAND - MAY 22: Christine Lagarde, the Managing Director of the International Monetary Fund, addresses a press conference in the Treasury on May 22, 2012 in London, England. A report on the IMF's annual assessment of the UK economy has... View Photo »
She has made U.S. aid more effective around the world
"Unfortunately the economic recovery in the UK has not yet taken hold and uncertainties are abound. The stresses in the euro area affect the UK in many channels. Growth is too slow and unemployment, including youth unemployment, is too high. Policies... Full Article at International Business Times
On the day the head of the International Monetary Fund, Christine Lagarde, came to London with a call for the UK government to increase spending on infrastrurue projects to boost growth, ministers at Cardiff Bay published their Plan for Infrastructure... Full Article at Left Foot Forward
Inter-bank exposures to these countries brought the increase in credit risk to €300 billion. No wonder that IMF Chief, Christine Lagarde, speaking in August 2011, emphasized the urgent need for recapitalization of EU banks (Lagarde 2011). Domestic... Full Article at Peterson Institute
LONDON, ENGLAND - MAY 22: Chancellor of the Exchequer George Osborne (R) and Christine Lagarde, the Managing Director of the International Monetary Fund, arrive to attend a press conference in the Treasury on May 22, 2012 in London, England. A report... View Photo »
Christine Lagarde, managing director of the International Monetary Fund, says the housing problem in the U.S. is something that needs to be addressed
IMF Managing Director Christine Lagarde told a London news conference Tuesday that with the economy contracting in the eurozone, more needs to be done to boost its growth and that wealthier countries need to share the burden with their debt-ridden... Full Article at Voice of America
Warning that the UK monetary authorities needed to prepare for a possible escalation of the euro crisis, IMF chief Christine Lagarde said the Bank should ‘reassess the efficacy’ of cutting rates below the current record low of 0.5 per cent, to reduce... Full Article at This Is Money
The IMF has warned that the UK government should consider a new fiscal stimulus plan, if the British economy does not recover. Should growth remain below target, new fiscal easing measures should be considered -- including temporary tax cuts and more... Full Article at Brad DeLong's Semi-Daily Journal
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She has made U.S. aid more effective around the world
Christine Lagarde, managing director of the International Monetary Fund, says the housing problem in the U.S. is something that needs to be addressed
I take reforms one step at a time ... Everybody wants to have a bigger share of the same pie, so there will have to be give and take.
IMF director Christine Lagarde... today believed she could reach her $400 billion goal of additional IMF lending capacity, while the World Bank president Robert Zoellick stated that the ECB needed to do more for Europe in addition to (liquidity injection) LTRO
I will be looking for additional financing of $17 billion
I will be seeing (IMF managing director) Christine Lagarde ... and I know her view will be that a country in our circumstances should be bringing its budget back to surplus
This signals the strong resolve of the international community to secure global financial stability and put the world economic recovery on a sounder footing. These resources are being made available for crisis prevention and resolution and to meet the potential financing needs of all IMF members
US politicians won’t say it. But Christine Lagarde, the head of the International Monetary Fund, has made it clear that the Israeli-US campaign against Iran, into which they have dragooned Europe, could put up petroleum prices by as much as 30% and endanger the world economic recovery.
This signals the strong resolve of the international community to secure global financial stability and put the world economic recovery on a sounder footing. These resources are being made available for crisis prevention and resolution and to meet the potential financing needs of all IMF members
It is nice to have a big umbrella
Some of the sanctions have been lifted already
We continue to provide any technical assistance that they need ... This is happening, you know, on a daily basis.
We are seeing a light recovery, blowing in a spring wind, but we are also seeing some very dark clouds on the horizon--which is another way of saying there is a bit of recovery, timid and a fragile situation with still high risks
We cannot sort of propose one-size-fits-all solutions and that everything we do has to be country-specific
It's not a baby step. It's a very good step in the right direction
This is extremely important, necessary, an expression of collective resolve ... Given the increase that has just taken place, we are north of a trillion dollars actually. So I was a bit mesmerized by the amount.
These commitments demonstrate these countries' continued effort for the fund and its entire membership in the spirit of multilateralism
You've got lots of clouds out there
As part of the outcome of this meeting, we expect our firepower to be significantly increased
The tool box is much bigger and I hope they can address the Spanish issues together with the Spanish government ... If there's a need, the IMF has to be there for all members.
could actually help in terms of recapitalization anywhere in the euro zone ... What we are advocating is that this be done without channeling through the sovereigns.
We expect our firewall to be strengthened. It is not like the additional resources are needed for the euro zone only. There are crisis bystanders that may need help
With IMF programs, it takes 'two to tango,' right? So, we are ready
We would see that as a move towards stronger and better integration
Spanish authorities are taking the matter very seriously
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