Greece has again threatened to default on repayments due to the IMF, saying it will be unable to meet its obligations, the FT reports.» Read More
Christine Lagarde, IMF managing director, offers insight on the escalating European borrowing costs and keeping interest rates low. "The best way to encourage the rates to go down is to restore confidence, so investors are pleased with the risks they are taking," she says.
Christine Lagarde, IMF managing director, provides perspective on the debt ceiling, the European economy, and the Spanish banks. "The debt ceiling risk is likely to materialize in early 2013," says Lagarde.
There is a larger measure of agreement on solving the euro zone debt crisis, as everybody understands the seriousness of the situation, the IMF's first deputy managing director tells CNBC at the Saint Petersburg International Economic Forum.
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.
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.
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.
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.
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?
The IMF has been credited with alleviating past financial crises - but has the IGO been helpful this time around?
As his former colleagues at the International Monetary Fund gather this week, the scandal surrounding Dominique Strauss-Kahn will be a specter in the background.
IMF Managing Director Christine Lagarde made remarks at The Ronald Reagan Building in Washington ahead of the annual meetings of The World Bank and IMF. Lagarde said, "It is a dangerous phase of the crisis. But equally I think there is a way out and path to recovery."