Christine Lagarde

Christine Lagarde appointed as head of ECB

Christine Lagarde appointed as head of ECB

European Union leaders confirmed the appointment of Christine Lagarde as the new chief of the European Central Bank, replacing Mario Draghi from November 1. Lagarde’s confirmation for a …

Lagarde: Georgian economy demonstrates signs of recovery

Lagarde: Georgian economy demonstrates signs of recovery

The managing director of the International Monetary Fund (IMF), Christine Lagarde, praised the progress in the economic growth of Georgia after she met with Georgian Prime Minister Mamuka Bakhtadze in Washington …

IMF puts itself at odds with Trump over US economy

IMF puts itself at odds with Trump over US economy

The US budget deficit could trigger an upsurge of inflation and interest rates that shakes financial markets, according to a report by the International Monetary Fund. In a statement following its regular Article IV assessment of the …

SPIEF 2018 kicks off in St. Petersburg

SPIEF 2018 kicks off in St. Petersburg

The 22nd annual International Economic Forum (SPIEF) kicks off in Russia’s city of St. Petersburg at the ExpoForum Convention and Exhibition Center and will last for three days.  The events of the forum have been banded …

 IMF to upgrade its outlook for global growth

IMF to upgrade its outlook for global growth

The head of the International Monetary Fund Christine Lagarde said that 'the long-awaited global recovery is taking root' and that three-quarters of the globe is enjoying an economic upswing in 'the …

Letter bomb at IMF's Paris office injures female employee

Letter bomb at IMF's Paris office injures female employee

A female employee of the International Monetary Fund was injured today when a letter bomb posted to the world lender's Paris office blew up as she opened it, Reuters reports. The explosion was caused by a homemade device, the head …

IMF: inequalities trigger economic crisis

IMF: inequalities trigger economic crisis

The middle class is gradually growing at a global level, but it is in crisis in developed countries, the managing director of the International Monetary Fund (IMF), Christine Lagarde, said at the World …

Davos 2017 to discuss 'Responsive and responsible leadership'

Davos 2017 to discuss 'Responsive and responsible leadership'

The 47th World Economic Forum, which annually brings together leading representatives of political and business elites, will open in the Swiss ski resort of Davos today. About 50 heads of state and government, including the British Prime …

Christine Lagarde: IMF closely monitors situation in Turkey

Christine Lagarde: IMF closely monitors situation in Turkey

IMF Managing Director Christine Lagarde said quick action by Turkey’s central bank and other agencies has helped calm financial markets after an attempt by members of the military to unseat President Recep Tayyip …

IMF improves outlook on Russia's economy

IMF improves outlook on Russia's economy

The International Monetary Fund (IMF) has improved the outlook for the Russian economy. In April 2016, the IMF said that Russia’s economy could decline by an additional 1.8% this year, in May it improved its outlook on Russia’s GDP …

New Economic Challenges Ahead for Caucasus, Central Asia

New Economic Challenges Ahead for Caucasus, Central Asia

Following a period of rapid growth, the 25th anniversary of independence for the Caucasus and Central Asia (CCA) region comes at a time of economic challenges. The decline in oil prices and the economic slowdown in China, Russia, and …

Lagarde: world economy suffering legacy of 2008 crisis

Lagarde: world economy suffering legacy of 2008 crisis

The IMF Managing Director Christine Lagarde commented on the current situation in the world economy on the sidelines of the G7 Ise-Shima Summit. According to her,  the world is "no longer in a 2008 moment." …