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Christine Lagarde

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  • ATHENS, Feb 27- Greece used "creative ambiguity" to win a loan lifeline from its international partners, Finance Minister Yanis Varoufakis said, provoking anger in Germany's parliament which approved the deal on Friday. Varoufakis, a hero of the anti-austerity left who has raised hackles among his more orthodox euro zone peers, said Greece had drawn up an...

  • Papaconstantinou, who served under former socialist premier George Papandreou in 2009-2011, showed no emotion as he appeared before a special court in Athens. They are among the names of holders of HSBC accounts in Switzerland obtained by France in 2010 when Christine Lagarde, now the International Monetary Fund chief, was the country's finance minister.

  • Greek former finance minister on trial over Lagarde List Wednesday, 25 Feb 2015 | 2:34 AM ET

    ATHENS, Greece— Former Greek finance minister George Papaconstantinou was appearing in court Wednesday at the start of a criminal trial against him on allegations he removed relatives' names from a list of Greeks holding Swiss bank accounts in HSBC. The Lagarde List of about 2,000 people was named after Christine Lagarde, who was France's finance minister at...

  • *Germany's Schaeuble requests parliament vote to extend bailout. BRUSSELS/ BERLIN, Feb 24- Greece secured a four-month extension of its financial rescue on Tuesday when its euro zone partners approved a reform plan that backed down on key leftist measures and promised that spending to alleviate social distress would not derail its budget.

  • BRUSSELS/ BERLIN, Feb 24- Greece secured a four-month extension of its financial rescue on Tuesday when its euro zone partners approved a reform plan that backed down on key leftist measures and promised that spending to alleviate social distress would not derail its budget. Finance ministers sealed the decision in a one-hour telephone conference convened...

  • Feb 24- Greece's reform plan is sufficient to continue giving the country aid but is lacking necessary detail, International Monetary Fund Christine Lagarde said on Tuesday. In a letter to Eurogroup President Jeroen Dijsselbloem, Lagarde said the Greek list was comprehensive but "not very specific". "In some areas like combating tax evasion and corruption I am...

  • BRUSSELS— Greece cleared a major hurdle Tuesday in its ongoing battle to remain solvent as its European creditors approved a 4- month extension to its financial bailout— but the cash-strapped country has much more to do to convince its partners that it deserves longer-term help beyond the summer. The country's creditors in the 19- country eurozone endorsed...

  • Germany's Wolfgang Schaeuble, the "immovable object" in the words of one economist, stopped Greece's charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout program on Friday on terms its government was just elected to get out of. More than that, the confusion officials recounted from behind the scenes left mutual...

  • *Athens forced to climb down and accept strict oversight. BRUSSELS, Feb 20- Euro zone finance ministers agreed in principle on Friday to extend Greece's financial rescue by four months, averting a potential cash crunch in March that could have forced the country out of the currency area. The deal, to be ratified once Greece's creditors are satisfied with a list of...

  • BRUSSELS, Feb 20- Euro zone finance ministers reached an agreement on Friday to extend heavily indebted Greece's financial rescue by four months, officials on both sides said. An agreement removes the immediate risk of Greece running out of money next month and possibly being forced out of the single currency area. European Union paymaster Germany, Greece's...

  • *Der Spiegel says ECB making contingency plans for Grexit. BRUSSELS, Feb 20- Euro zone finance ministers drafted an outline agreement on Friday that could form the basis for extending Greece's financial rescue package, officials on both sides said. European Union paymaster Germany, Greece's biggest creditor, had demanded "significant improvements" in reform...

  • PARIS— Paris' court of appeal has overturned a controversial 2008 decision to pay 403 million euros to French businessman Bernard Tapie in an arbitration ruling. The court's move overturns the decision taken when conservative Nicolas Sarkozy was president— and when Christine Lagarde, the current International Monetary Fund chief, was his economics...

  • MINSK, Feb 12- Germany, France, Russia and Ukraine agreed a deal that offers a "glimmer of hope" for an end to fighting in eastern Ukraine after marathon overnight talks. In a further sign of its fragility, a Ukrainian military spokesman said around 50 tanks, 40 missile systems and 40 armoured vehicles had crossed overnight into eastern Ukraine from Russia.

  • MINSK, Feb 12- The leaders of Germany, France, Russia and Ukraine have agreed a deal to end fighting in eastern Ukraine, participants at the summit talks said on Thursday. The news came as Ukraine was offered a $40- billion lifeline by the International Monetary Fund to stave off financial collapse. The Minsk summit agreement offered hope for eastern Ukraine,...

  • MINSK, Feb 12- The leaders of Ukraine, Russia, Germany and France may be close to agreement following all-night talks on resolving the Ukraine conflict, diplomatic sources said on Thursday. The discussions came as pro- Moscow separatists tightened the pressure on Kiev by launching some of the war's worst fighting on Wednesday, killing 19 Ukrainian soldiers in...

  • *Greece wants debt rescheduled, transition without troika. *Thousands demonstrate in Athens against austerity. BRUSSELS, Feb 11- Greece's new leftist government and its international creditors failed to agree on a way forward on the country's unpopular bailout and will try again on Monday, with time running out for a financing deal.

  • MINSK, Feb 11- The leaders of France, Germany, Russia and Ukraine held peace talks in Belarus on Wednesday, while in Ukraine pro- Moscow separatists tightened the pressure on Kiev by launching some of the war's worst fighting. Fighting has already killed more than 5,000 people, and Washington is now openly talking of arming Ukraine to defend itself from "Russian...

  • *PepsiCo climbs after results, Wal-Mart off on Canada plans. NEW YORK, Feb 11- The S&P 500 index finished unchanged on Wednesday as investors were reluctant to make big bets while they waited for the outcomes of major talks involving Greece and Ukraine, but Apple helped boost the Nasdaq after an activist investor's bullish comments. Adding to the market's...

  • *Greece wants debt rescheduled, transition without troika. The former academic said before leaving Athens he was ready for a clash with euro zone paymaster Germany and its allies over Greece's decision to scrap austerity measures, end cooperation with the "troika" of EU/ECB/IMF officials overseeing its bailout programme and demand a "haircut" reducing its...

  • ATHENS/ ISTANBUL, Feb 9- Greece and its euro zone partners engaged in brinkmanship on Monday, with leftist Prime Minister Alexis Tsipras insisting his country would not extend its reform-linked bailout and Germany saying it would get no more money without such a programme. Escalating the rhetoric, Greece's finance minister said the euro zone could collapse "...