Christine Lagarde
Lagarde: Greek primary surplus targets should be ‘carefully reviewed’
Greece's 3.5 percent primary surplus target is excessive and puts too much pressure on the recovery of the Greek economy, Christine Lagarde, the European Central Bank's likely next president, said Wednesday.
Lagarde, who has been nominated to succeed Mario Draghi from November 1, told the European Parliament's committee on economic affairs that targets should be "carefully reviewed."
Varoufakis slams choice of ‘clueless’ Dijsselbloem for IMF chief
The leader of the MeRA25 party Yanis Varoukafis said on Saturday that the fact that former Eurogroup chief Jeroen Dijsselbloem was considered by Europe's 28 finance ministers as a candidate to replace Christine Lagarde as head of the International Monetary Fund (IMF) was proof that the European Union's establishment has no regard for technical capabilities.
Bulgarian Kristalina Georgieva Selected as EU’s Candidate for IMF Head
Kristalina Georgieva, the Bulgarian chief executive of the World Bank, has been picked as Europe's choice to lead the International Monetary Fund (IMF), Reuters announced on August 2. Georgieva won the support of 56% of the member states, representing 55% of the population of the EU, reports BNT.
The EU Votes Who Will Be the Heads of the IMF
Today, the European Union countries are deciding who will be Christine Lagarde's European successor candidate as the next managing director of the International Monetary Fund.
- Read more about The EU Votes Who Will Be the Heads of the IMF
- Log in to post comments
The EU: There Isn't a Full Consensus for the IMF Chief yet
The governments of the European Union, which had given themselves time until the end of July to choose their candidate for the head of the International Monetary Fund (IMF), have not yet agreed on the name of Christine Lagarde's successor, the French finance ministry reported.
France Backs Kristalina Georgieva as IMF Chief, Bloomberg Claims
Kristalina Georgieva receives France's support in determining the next candidate for managing director of the International Monetary Fund, Bloomberg reported.
Christine Lagarde Resignes as Firector of the IMF
Christine Lagarde resigned as director of the International Monetary Fund (IMF). The decision will enter into force on September 12. This is said in a statement by Lagard, distributed by the financial institution.
- Read more about Christine Lagarde Resignes as Firector of the IMF
- Log in to post comments
Editorial: The great opportunity for the economy
For the first time in many years there are no clouds on the horizon for the Greek economy and its prospects are viewed as especially positive.
The climate on the Athens Stock exchange is positive as the general index soared to 900 points for the first time since SYRIZA took office in January, 2015.
- Read more about Editorial: The great opportunity for the economy
- Log in to post comments
Greek bond yields hit historic lows
The strong rally recorded by Greek bonds in the last few weeks continued on Wednesday with the yield of the benchmark 10-year paper dropping to a new historic low, just above 2 percentage points. This was thanks to the push from the candidacy of Christine Lagarde for the chair of the European Central Bank, which led many sovereign bond yields in the eurozone to record lows.
- Read more about Greek bond yields hit historic lows
- Log in to post comments
EU leaders choose Lagarde for ECB after marathon summit
European Union leaders agreed on Tuesday to name France's Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the EU's other top four jobs after marathon talks that have exposed deep divisions in the bloc.