Tag: Christine Lagarde

• Friday, March 12th 2021 - 17:58 UTC

  ECB keeps interest rates at historic low and pledges to step up bond buying

  

  The European Central Bank (ECB) on Thursday kept interest rates at historic lows and said it was stepping up its bond-buying stimulus in the coming months. The steps are aimed at halting what is regarded as a premature rise in borrowing costs in the 19 countries that use the Euro currency.

• Tuesday, January 26th 2021 - 09:24 UTC

  “Journey of recovery” in 2021 will be accompanied by a high level of uncertainty, Christine Lagarde

  

  Christine Lagarde, president of the European Central Bank (ECB), said on Monday that the “journey to recovery” in 2021 would most likely be accompanied by a “very high level of uncertainty” before a transition to a “new economy.”

• Monday, October 19th 2020 - 09:49 UTC

  IMF and top central bankers agree global economic recovery needs more public spending

  

  The International Monetary Fund said more public spending will be needed to complete the economic recovery from coronavirus, joining central bankers and finance leaders who are urging governments to set aside fears about mounting debt for now.

• Thursday, October 31st 2019 - 08:51 UTC

  New ECB chief calls on budget surplus countries to spend more and help prop growth

  

  Incoming European Central Bank chief Christine Lagarde on Wednesday took aim at Germany and other thrifty Eurozone members running budgetary surpluses, saying they should increase their spending to shore up slowing growth.

• Sunday, October 20th 2019 - 10:50 UTC

  Lagarde tells Trump and world leaders to act like grownups in trade conflicts

  

  Former IMF chief Christine Lagarde said President Donald Trump's trade offensive against China could slash global economic growth and she critiqued his Twitter habits in an interview with US television program 60 Minutes.

• Thursday, September 26th 2019 - 09:45 UTC

  Lagarde defends IMF decision to support Argentina with a record credit

  

  Christine Lagarde has defended the IMF decision to give Argentina a record credit line last year, even after the US$56-billion program fell short of stabilizing the nation’s troubled economy.

• Thursday, September 26th 2019 - 07:42 UTC

  Bulgaria's Georgieva is the new IMF Managing Director; second woman in the post, takes office October first

  

  The International Monetary Fund on Wednesday formally selected Kristalina Georgieva of Bulgaria to be only the second woman ever to lead the 189-member institution. The selection had been all but guaranteed after the global crisis lender said earlier this month that Georgieva, a former World Bank CEO, was the sole candidate.

• Tuesday, September 10th 2019 - 09:16 UTC

  Another lady, Kristalina Georgieva, will become the IMF managing director

  

  The top executive at the World Bank, Kristalina Georgieva of Bulgaria, now faces no opposition in her candidacy to lead the International Monetary Fund, the fund announced on Monday.

• Saturday, August 3rd 2019 - 17:07 UTC

  Bulgaria's Kristalina Georgieva, EU's candidate for IMF chief

  

  Known for rolling up her sleeves, Bulgaria's Kristalina Georgieva has been lauded as the life of the party, as well as for her tenacity. The guitar-playing environmental specialist, who was nominated on Friday as the EU's candidate to head the International Monetary Fund (IMF).

• Tuesday, July 30th 2019 - 09:35 UTC

  France leading the search for the next head of the IMF

  

  France is seen supporting Kristalina Georgieva to be the next head of the International Monetary Fund as the EU seeks to agree on a single candidate ahead of the lender's Sept 6 deadline, according to several European officials familiar with the deliberations.