Head of the International Monetary Fund (IMF) Christine Lagarde escaped punishment and kept her job yesterday (19 December) despite being found guilty of negligence over a state payout made while she served as France's finance minister in 2008.
Greece's parliament passed sweeping austerity measures demanded by lenders to open talks on a new bailout package early Thursday (16 July), but dozens of hardliners in the ruling Syriza party deserted Prime Minister Alexis Tsipras.
G7 ministers and central bank heads convened yesterday (27 May) to discuss how to revive global growth and China's increasing clout, while keeping a close eye on the protracted talks to avoid a Greek default.
The United States yesterday (12 November) stepped up calls on European policymakers to do more to avoid a "lost decade" of low growth, saying steps taken by the European Central Bank may not be sufficient on their own.
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