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Daily Archives: May 25, 2013

Christine Lagarde escapes total embarrassment and possible IMF-exit

We will have to spend more time with Madame. Madame Christine Lagarde, managing director of International Monetary Fund, who narrowly escaped the total embarrassment for her and the organization she leads. French magistrate decided on Friday not to place her under formal investigation over role in businessman Bernard Tapie scandal. …

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Energa, Hellas Power scandal: four executives free on bail

Four out of six executives of private electricity providers Energa and Hellas Power were released on bail on Friday after paying amounts of 50,000 up to 200,000 euro. The four were arrested six months ago with charges including money laundering, embezzlement and breach of faith. The executives of the first …

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