The situation in Ukraine is unpredictable and may have negative aftermath for the global economy, the managing director of the International Monetary Fund, Christine Lagarde, said in an interview with the German Handelsblatt on Monday.
The International Monetary Fund has approved a $17 billion aid deal for the beleaguered Ukrainian economy as Kiev's armed forces went on "full combat alert" against a possible so-called "Russian invasion". IMF chief Christine Lagarde, speaking in Washington on Wednesday after her executive board approved the huge aid plan, said "urgent action was necessary".
One of the most disingenuous things the West did in Ukraine was to convince pro-western Ukrainians that all they had to do in order to become rich was to topple their democratically elected president. The president is gone, but there is no real economic help coming from the West. Washington and Bruxelles fooled their own minions.
The leadership of the International Monetary Fund believes that the Ukrainian authorities are taking steps that are needed for starting to get the fund’s assistance, IMF Managing Director Christine Lagarde said.
"Without the support that they were getting from this lifeline that Russia had extended a few months ago, they were heading nowhere," Christine Lagard, the IMF chief, said in an interview to the PBS Newshour.
International Monetary Fund (IMF) chief Christine Lagarde arrived Wednesday at a French court for questioning over her role in a massive state payout to a controversial businessman when she was finance minister.
The International Monetary Fund (IMF) mission that has been working in Ukraine since March 4 "has made good progress in assessing the situation," IMF Managing Director Christine Lagarde said in a statement on the IMF's website.
Christine Madeleine Odette Lagarde, a French lawyer and Union for a Popular Movement politician, has been the Managing Director of the International Monetary Fund since 5 July 2011. Previously, she held various ministerial posts in the French government: she was Minister of Economic Affairs, Finance and Employment and before that Minister of Agriculture and Fishing and Minister of Trade.
The head of the International Monetary Fund said on Friday that there was no need to "panic" in terms of delivering economic aid to Ukraine, as she cast doubt the nation would need as much immediate help as its new leaders claim.
The International Monetary Fund will send a fact-finding team to Ukraine in the coming days in response to its request for support after the ouster of President Viktor Yanukovich, IMF Managing Director Christine Lagarde said on Thursday.
Europe must finalize its banking union project, cut high debt levels and make its labour market more flexible in order to reduce unemployment and complete its economic recovery, the head of the International Monetary Fund (IMF) said Tuesday. "Europe is turning the corner into positive growth," Christine Lagarde said during a speech to the European Policy Centre think-tank in Brussels.
Euro zone inflation is "way below target" and deflation is a potential risk for the bloc, International Monetary Fund Managing Director Christine Lagarde told the World Economic Forum in Davos on Saturday.
Taliban suicide attackers killed at least 16 people, including the IMF representative in Afghanistan and four UN staff, in a terrifying gun and bomb attack on a Kabul restaurant popular with foreigners. One attacker blew himself up outside the Taverna du Liban in the upmarket Wazir Akbar Khan neighbourhood Friday and two gunmen stormed inside, mowing down staff and diners in a hail of gunfire.
Secretary-General Ban Ki-moon says three United Nations personnel have been killed in the "horrific attack" on a Kabul restaurant. Officials say a suicide bomber blew himself up outside a Kabul restaurant filled with foreigners and affluent Afghans having dinner Friday night, while two gunmen sneaked in through the back door and opened fire.
International Monetary Fund (IMF) chief Christine Lagarde says the IMF's resident representative in Afghanistan was among the dead in the suicide attack in Kabul. Wabel Abdallah, 60, a Lebanese national, was among 16 people killed, Lagarde said in a statement.
lnternational Monetary Fund chief Christine Lagarde said Wednesday evening at the National Press Club that growth in the global economy was picking up, but warned of the "rising risks" of deflation. The IMF managing director, however, declined to put numbers on the growth rate ahead of next week's update of the Fund's official forecasts. But she pointed out that global growth, five years after the financial crisis, remains below its potential of about four percent a year, resulting in a tame risk of inflation worldwide.
Christine Lagarde, managing director of the International Monetary Fund, will speak at the National Press Club luncheon on January 15 on sustainable economic growth and job creation.
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will visit Kenya on January 5-8 to meet with policymakers and other representatives of Kenyan society.
International Monetary Fund Managing Director Christine Lagarde may enter the race for the French presidency during the next election. Asked whether she considered it possible in an interview with the American NBC TV Channel, Lagarde said: "Time will show."
Having adopted a programme for buying up the bonds of the problematic countries of the Eurozone, the European Central Bank (ECB) has promoted the stabilization of the situation in the currency union, IMF Managing Director Christine Lagarde said in an interview with the German “Suddeutsche Zeitung” newspaper.