Argentina faces a race against time on Wednesday as its deadline to strike a deal and avert a second default in 12 years approaches.» Read More
Christine Lagarde, the managing director of the International Monetary Fund, has rarely been out of the headlines this week – and on Tuesday a storm erupted on the Internet over the news that she pays no tax on her salary.
CNBC's Julia Chatterley reports top Greek banks are handed 18 billion euros in support, while the pro-austerity party gains support.
CNBC's Kelly Evans reports on all the market moving activity in Europe this morning, including Greece pouring money into its banks, while Spain looks to support its biggest lender.
International Monetary Fund chief Christine Lagarde says she has more sympathy for poor African children than Greeks suffering under the country's economic problems and austerity measures.
How Germany might be convinced to help the rest of Europe solely for the common good, with Julian Callow, Barclays chief European economist.
CNBC's Maria Bartiromo reports the IMF's Christine Lagarde said, "Key leaders still want to keep the euro zone together and Greece's departure would be extremely expensive."
The International Monetary Fund will be discussing a third bailout for Greece at its meeting later this week, former first deputy managing director John Lipsky told CNBC Monday.
Christine Lagarde, managing director at the IMF, says economic growth is slowing in all markets, with CNBC's Maria Bartiromo. "No country is immune," she adds.
The International Monetary Fund needs $500 billion to help contain the spreading European debt crisis, the organization's managing director, Christine Lagarde, told CNBC.
Italy manages a bond sale, and the Swiss are scolding - it's time for your FX Fix.
Those looking for firm action in the final G20 communique would have had a hard time finding much to get their teeth into.
Europe failed to get the leaders of the world's wealthiest economies to help out with its debt troubles, but everyone left a G20 summit Friday relieved that at least they forced the Greek prime minister not to hold the world hostage with a bailout vote.
CNBC's Simon Hobbs reports the IMF's Christine Lagarde is urging 'compulsory' recapitalization of European banks.
The chances of the US being able to help bailout Europe are minimal because of weaknesses in the American economy, influential Citi banker William Rhodes told CNBC Tuesday.
A positive feedback loop between banks and weak sovereigns is emerging, with a potentially calamitous effect on the euro zone and the global economy, Martin Wolf writes in the FT.
Lost in much of the rancor and hand-wringing over the debt crisis in the European Union and the US is that it's not just those two regions that will be affected.
Christine Lagarde's leadership of the IMF is not quite three months- but there's simmering debate over whether the IMF can stage-manage the seemingly inevitable Greek debt default without turning it into a global financial crisis.
Between dominate G7 voting rights, and historical European leadership, is the IMF overly weighted towards Western interests?
The newly appointed IMF leader Christine Lagarde is expected to help pull Europe away from an economic cliff. What should she do?
IMF head Christine Lagarde says the world economy is entering a dangerous new phase.