About: Christine Lagarde
ECB’s Knot says low rate policy risks becoming counterproductive
Interest rates in the eurozone could remain historically low for years, but the European Central Bank's (ECB) ultra-loose monetary policy risks becoming counterproductive, ECB governing council member Klaas Knot said in an interview published on Monday (23 December).
ECB to embark on soul-searching process in 2020
The European Central Bank will next year review its tools and objectives in order to better fulfil its mandate of price stability, and it also intends to assess the appropriateness of issuing its own digital currency, in the face of growing concerns about Facebook’s Libra.
Inflation, climate, jargon: ECB launches major review
The European Central Bank's new president Christine Lagarde has announced that the Frankfurt-based institute will soon undertake a strategic review, its first since 2003.
ECB to review its mandate with ‘open mind’, Lagarde says
The European Central Bank (ECB) will embark on a strategic review of its mandate and instruments to achieve its inflation target of 2% with an “open mind”, its president Christine Lagarde said on Monday (2 December).
EU leaders mark a decade of Lisbon Treaty amid calls for reform
European Union leaders on Sunday (1 December) celebrated the 10th anniversary of the Lisbon Treaty, the union's legal cornerstone, amid calls to reform a bloc weakened over the past decade by economic and migration crises, rising euroscepticism and Brexit.
Draghi attempts to heal divided ECB in farewell speech
Departing ECB president Mario Draghi tried to restore unity among eurozone central bankers in his farewell speech on Monday (28 October) but he continued to defend his recent controversial monetary decisions.
Ciao, Mario: ECB’s Draghi hands baton to Lagarde
ECB chief Mario Draghi bows out Monday (28 October), passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers.
Georgieva to be the first IMF chief from an emerging economy
Bulgarian economist Kristalina Georgieva is expected to be confirmed on Wednesday (25 September) as managing director of the International Monetary Fund, which would make her the first person from an emerging economy to head the global lender.
European Central Bank should ‘gradually eliminate’ carbon assets, Lagarde says
The European Central Bank should phase out climate-warming investments by preferring green bonds, Christine Lagarde said as she pitched to become the bank’s first female president. EURACTIV's media partner Climate Home News reports.
Lagarde pledges to continue with Draghi’s loose monetary stance
Christine Lagarde promised on Wednesday (4 September) to respond with “agility” to the looming financial and economic turbulences once she becomes the president of the European Central Bank in November, while confirming that the current loose monetary stance will continue for a “long period of time.”
Europe splits over IMF leadership
Divisions between the EU's geographical blocs are complicating the process of picking a European candidate to lead the International Monetary Fund (IMF), as the EU wants to agree on a nominee as soon as possible to retain the Fund’s chair.
Unconventional measures are seeing a comeback at the ECB
The ECB's key interest rate remains at zero and is expected to be at that rate at least until summer 2020. However, ECB chief Mario Draghi is suggesting that a decisive fiscal policy is far more important for the eurozone, especially for Germany and Italy. EURACTIV Germany reports.
Europe agrees to put forward one candidate for IMF chair
EU finance ministers unanimously decided on Tuesday (9 July) to present one single candidate to succeed Christine Lagarde as Managing Director of the International Monetary Fund.
EU top jobs leave big questions hanging on climate policy
Ursula von der Leyen has been nominated to lead the EU’s executive at a critical moment for climate policy, but she has no record on the issue. EURACTIV's media partner Climate Home News reports.
Lagarde’s ECB nomination thrusts IMF into early succession race
The nomination of Christine Lagarde as European Central Bank president on Tuesday (2 July) has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war that has darkened the outlook for global growth.
Christine Lagarde, a non-conventional pick for the ECB presidency
A lawyer by training, Christine Lagarde has been nominated to succeed Mario Draghi as president of the European Central Banck (ECB). The IMF director has an atypical profile, due to her lack of banking experience and question marks over her past. EURACTIV France reports.
Gender balance becomes paramount in race for top EU jobs
Initial battle lines were drawn between member states over who will replace Jean-Claude Juncker as European Commission President on Tuesday (28 May) as EU leaders met to discuss “no names, just process”, in preparation for a decisive summit in June.
Sánchez and Macron open the top EU jobs talk
Spain’s Prime Minister Pedro Sánchez will meet with French President Emmanuel Macron in Paris on Monday (27 May) and is expected to lobby for several socialist and social-democrat candidates for EU top jobs, as member states and political groups start jockeying for position.
At Nur-Sultan forum, leaders advise focus on education
Kazakhstan is investing in human capital and plans to become one of the world’s 30 most advanced nations by 2050. At a recent conference in the capital Nur-Sultan, leaders and economists offered advice, valid also for other countries as well: to focus on education.
Lagarde urges European leaders to agree on common guarantee for savings
The Managing Director of the International Monetary Fund, Christine Lagarde, called on eurozone leaders on Thursday (28 March) to complete the banking union by reaching an agreement on the European Deposit Insurance Scheme (EDIS).
Former IMF chief to serve four years in prison over ‘black cards’ case
Former managing director of the International Monetary Fund and ex-Finance minister of Spain Rodrigo Rato entered into prison on Thursday (25 October) to serve four-and-a-half-years term over ‘black cards’ case.
Eurogroup reaches ‘historic’ deal on debt relief for Greece
In the early hours of Friday (22 June), the Eurogroup reached an “historic” deal on a debt relief for Greece, solving the last political hurdle to conclude its rescue programme after more than eight years.
Lagarde says global economic outlook darkening by the day
International Monetary Fund chief Christine Lagarde led an attack by global economic organisations on US President Donald Trump's "America First" trade policy on Monday, warning that clouds over the global economy "are getting darker by the day".