About: Jack Lew

IMF chief guilty of negligence, keeps job

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.

France eyes European system to track terrorism finance

In the absence of better cooperation from Washington, France wants European countries to set up their own system to track terrorism finance.

Greek parliament approves bailout

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.

France says letting Greece go means admitting EU’s ‘impotence’

France showed its true colours yesterday (8 July) when Manuel Valls said that a Greek exit from the eurozone would be an admission of the European Union's impotence.

US to press for EU deal with Greece

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.

Washington calls on EU to avoid ‘lost decade’ of low growth

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.