Christine Lagarde
Economy
Bloomberg: 92% of European Economists in Favor of Greek Debt Relief
In a Bloomberg survey conducted from August 7 to August 14, 92% of 42 European economists argued that Greece should receive some kind of relief on its debt.
With the 86-billion-euro Greek bailout deal officially approved from both Greece and its creditors, the...
Economy
Merkel Calls on IMF to Participate in Greece's Bailout
German Chancellor Angela Merkel said that there will be debt relief for Greece so that the International Monetary Fund participates in the country's third, multi-billion euro bailout.
The IMF has expressed concerns over the sustainability of the Greek debt and is...
Economy
Tough Road Ahead for Greece, Eurozone After Bailout
German lawmakers are expected to vote Wednesday on whether to approve a third bailout for Greece. Both Greek lawmakers and eurozone finance ministers now back the deal, but hurdles remain before the Greek crisis is over.
After long hours of...
Economy
IMF Chief: Agreement on Greece Is a 'Very Important Step Forward,' Debt Relief Needed
The aid program approved for Greece is a very important step forward, International Monetary Fund (IMF) Managing Director Christine Lagarde said in a statement on Friday, following the Eurogroup's successful conclusion earlier in the day.
"The policy package specified in the Memorandum...
Economy
IMF's Lagarde: Greek Debt Restructuring Is Inevitable
International Monetary Fund (IMF) Managing Director Christine Lagarde has insisted that any new bailout program for Greece requires significant restructuring of the cash-strapped Eurozone nation's massive debt load.
During an online press conference on Wednesday, Lagarde reiterated her view that any new...
Economy
Creditors to Arrive in Athens as IMF Asks for Official Invitation
The representatives of Greece's creditors due to arrive in Athens on Friday in order to start negotiations for the third bailout package have postponed their visit for Monday.
The technical teams of the European Commission, the European Central Bank and...
Economy
IMF's Christine Lagarde: 'Greek Plan Not Viable Without Debt Haircut'
The IMF is willing to participate in the next Greek bailout program, provided that the Eurozone allows a debt haircut or restructuring, so that the debt becomes sustainable and the country can receive market financing, said the fund’s Managing...
Economy
Russian President Contacts IMF's Lagarde Regarding Greek Referendum Result
Russian President Vladimir Putin has contacted the head of the International Monetary Fund (IMF) Christine Lagarde on the telephone in order to discuss the outcome of the referendum in Greece , the Kremlin announced on Monday.
"There was a discussion...
Economy
IMF Chief: The Fund Is Ready to Help Greece if Athens Requests It
The International Monetary Fund (IMF) is watching developments in Greece and is prepared to assist Athens, after voters shot down the bailout terms in a referendum on Sunday, IMF Managing Director Christine Lagarde said on Monday.
"The IMF has taken note...
Economy
IMF Chief: Greece Must Reform Before Creditors Restructure Debt
Greece should reform its economy before European creditors restructure its sovereign debt, said International Monetary Fund (IMF) Managing Director Christine Lagarde, a day after the country's default on the Fund.
Lagarde spoke to Reuters and hinted her frustration as she said that...