European Central Bank head Christine Lagarde urged European Union leaders on Friday to quickly agree on a recovery package that would pull the economy from a “dramatic fall” or risk a change in sentiment on markets, which were expecting a deal soon.
Christine Lagarde will face a momentous decision in her first year as European Central Bank President: give up on reviving inflation or give in to the temptation of bankrolling governments with never ending bond purchases.
The International Monetary Fund has cleared the way to approve the next $2 billion loan payment to Egypt, IMF chief Christine Lagarde announced Friday.
The Managing Director of the International Monetary Fund, Christine Lagarde, says the media should play a role in managing public perception which could potentially pose a risk to the country’s economy.
President Cyril Ramaphosa and IMF managing director Christine Lagarde have discussed the current economic challenges around the world.