Christine Lagarde
Economy
Jean-Claude Juncker: Eurozone Not Ready to Unlock Greek Bailout
Eurozone finance ministers warned Greece on Thursday that they are not yet ready to unlock a new debt bailout despite an agreement between Greek political leaders on new austerity cuts.
Luxembourg prime minister, Jean-Claude Juncker, arriving to chair Brussels talks...
Economy
Christine Lagarde: Not Satisfied With Greek Reforms
Christine Lagarde, head of the International Monetary Fund (IMF), has reiterated her commitment to reducing Greece’s debt to GDP ratio to 120% by 2020.
However, in an interview with Bloomberg TV, the IMF chief said she was not “terribly optimistic...
Economy
Bloomberg: ECB Says "No" to Haircut on its Own Greek Debt
The European Central Bank remains firmly opposed to any restructuring of its Greek bond holdings, as the debt was acquired for monetary policy purposes, according to Bloomberg, citing two people familiar with the Governing Council’s stance.
While the ECB faces...
Economy
IMF Approves EUR 2.2 Bln Loan Tranche For Greece
The International Monetary Fund Monday approved a EUR2.2 billion tranche of its emergency loan program for Greece, paving the way for the debt-ridden country to avoid default.
The IMF board approval of the program allows the fund to immediately disburse...
Greece
Elections Likely to Be Postponed
One of the three "inalienable" conditions imposed by the New Democracy leader, Antonis Samaras, to support a national salvation government in Greece, was the date of early elections, which he had helped to ensure would be scheduled for February...
Greece
Papademos Confident after Samaras Letter
The Greek Prime Minister, Lucas Papademos, has today praised the letter sent by the New Democracy leader, Antonis Samaras, to the President of the European Commission, José Barroso, the Eurogroup President, Jean-Claude Juncker, and the director general of the...