Tag Archives: Lagarde

It looked rather quiet on the Eurogroup front on Thursday. The Greek government bowed to the creditors’ pressure and accepted that the International Monetary Fund remains in the Greek program. The eurozone finance ministers saw “progress” in what the Greeks have been doing since last summer in order to  please …

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I already  told you yesterday: that the war between Greece’s lenders was already on underway and that heavy bomb shelling with poison mortar and blame-game was just a matter of time. Even if it sounds unbelievable, this time the target is not Greece but the International Monetary Fund that is …

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Welcome to the real world! For one more indirect time the International Monetary Fund “admits” what it has been wrong in its economic policies. And tries to find out what went wrong. It sees no growth, but bleak future. And keeps the whole problem on a pure academic level.  Speaking …

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A secret study by the International Monetary Fund showed that Greece needs far more debt relief than European governments have been willing to contemplate so far. The IMF study is an updated version of July 2nd as it takes into consideration the capital controls imposed since June 29th 2015. “Greece’s …

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IMF’s Managing Director Christine Lagarde finally found the needed strength to express her view on Greece’s Referendum. Speaking to BBC, Lagarde said that next Sunday (July 5th) referendum will not be valid as the creditors’ proposal and program end on June 30th. “I can’t speak for the IMF program, because …

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After lots of anger and disagreement the Eurogroup ended on Thursday afternoon without a deal. Exiting the meeting, Greek Finance Mnister Yanis Varoufakis said that the Eurogroup decided to continue talks today and tomorrow and thus on the two documents submitted both by the creditors and Greece. “Discussion will continue …

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There is no doubt that the international Monetary Fund imposed a not only a strict austerity program in Greece – as in many other countries. Moreover, the Fund has created a downright mess in the Euro-member country as it apparently could not deal with a currency that cannot be devalued. …

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They must have been in a great hurry to close the deal with Greece. Who? The heads of the three Institutions, the country’s main creditors, the International Monetary Fund, the European Central Bank and the European Commission. Jean-Claude Juncker, Mario Draghi and Christine Lagarde called Prime Minister Alexis Tsipras on …

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Eurogroup meetings, Institutions meetings, Euro Leaders meetings. Monday’s race between Greece and the creditors ended … early Tuesday without a deal. But with a perspective for a deal. And a bombastic package of austerity measures worth 8 billion euro for 2015 and 2016.       Three Shades of Grey – …

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With unacceptable irony, intimidating remarks and political “bullying”, the Managing Director of International Monetary Fund, Mme(?) Christine Lagarde, attacked Greeks at the Eurogroup meeting in Luxembourg on Thursday. “For the moment we are short of a dialogue, the key emergency is to restore the dialogue with adults in the room,” …

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Greece will default the next day, if it fails to make the bundles payment to the IMF on June 3oth, Managing Director of the International Monetary Fund said on Thursday, dismissing rumors that the debt-ridden country would have a month of grace time. Greece will be in default with the …

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Tthe meeting started at 11 pm and is expected to last until deep in the night. Reuters reported before the meeting that the five meet “with the aim of reaching a joint position on how to negotiate with Greece.” The 5 may issue a joint statement on Tuesday. Draghi and …

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The news went worldwide as a serious IMF warning to Greece. IMF’s Christine Lagarde had allegedly told German conservative Frankfurter Allgemeine Zeitung that a Greek exit from the eurozone was a “possibility.” F.A.Z. wrote a nice title on her interview with Lagarde and spread the news. “Schuldenkrise Lagarde hält Grexit …

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Negative signals and immense pressure have been the usual creditors’ modus operandi for the last five years. The usual operation tool, when talks between Greece and its creditors reach a dangerous curve and are short before reaching an agreement. While the Greek side expresses hope for an agreement by Sunday, …

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Another scenario is making the rounds to keep the media busy and the Greek clock ticking. This time it is some EU officials claiming that Greece will allegedly be allowed to skip payment to the International Monetary Fund (IMF) on June 5 and have time to negotiate a funding deal …

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I am a bit confused about the controversial messages coming over from the other side of the Atlantic. Two messages came on Friday and both leading to one direction – deal between Greece and its creditors –  but on different speed. the message by IMF’s Managing Director Christine Lagarde was. …

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Without a further thought, she quickly threw herself into a working dress, hastily pushed some loose hair under her head scarf and before opening the locker to get her broom, her feather duster and the big blue cleaning cart, she said: “It has to be a comprehensive approach, not a …

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Managing director of International Monetary Fund, Christine Lagarde confirmed that Greece paid the €450-million euro tranche on Thursday. “Greece paid the installment for April,” she said after a speech she held somewhere in Washington. “I collected my money,” Lagarde said characteristically. It’s not YOUR money, babydoll!      

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Greek Finance Ministry felt the need to inform about the content of the talks Minister Yanis Varoufakis had with IMF’s managing director Christine Lagarde and officials of the US-Administration on Sunday and Monday in Washington. It is not common that the ministry issues a long press release on content of …

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“I welcome confirmation by the Minister that payment owing would be forthcoming on April 9,” managing director of International Monetary Fund told reporters after her meeting with Greek Finance Minister Yanis Varoufakis on Easter Sunday in Washington. Going to meeting with Varoufakis: Christine Lagarde of IMFogue in Anna-Wintour-look. Or just …

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