Europe, Christine Lagarde | featured news

The International Monetary Fund will contribute 1 billion euros ($1.29 billion) over three years to the 10 billion euro bailout for Cyprus, IMF Managing Director Christine Lagarde said in a statement on Wednesday.

Political leaders in Greece need to show the resolve to stay in the euro zone, which will require Athens to stick to the terms of its rescue package, International Monetary Fund Managing Director Christine Lagarde said on Thursday.

French Finance Minister Christine Lagarde has been chosen to lead the International Monetary Fund. She will become the first female managing director of the global lending organization....

French Finance Minister Christine Lagarde appeared poised to become the head of the International Monetary Fund this week despite a strong challenge to Europe's traditional hold on the job.

French Finance Minister Christine Lagarde will likely become the next head of the International Monetary Fund (IMF), with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington.

French Finance Minister Christine Lagarde on Wednesday launched her bid to lead the International Monetary Fund, a candidacy that would put the first woman in charge of the scandal-rocked fund but increases tensions with developing nations who want one of their as head.

European officials rallied around Christine Lagarde, the French finance minister, despite calls for a transparent selection process.

Finance Minister Christine Lagarde said France will slap a one-off 50% tax on bonuses awarded to bank employees next year.