Which leaders will be remembered from this moment in history? So asks Catherine Chatignoux.
Tag: Christine Lagarde
“Save Europe, drown a Greek,” reads this week’s cover of satirical French weekly Charlie Hebdo, which depicts International Monetary Fund chief Christine Lagarde drowning a Greek pensioner. Largarde and other creditors now want Greece to push its retirement age to 67 and to cancel benefits for its poorest pensioners. They’ve given Greece an ultimatum to […]
BRUSSELS – Greece needs at least two more years and an additional 30 billion euros in order to be able to meet the targets set for it by the euro zone countries, European sources tell Süddeutsche Zeitung. When – and indeed if – the country gets money from the second bailout package is unclear. In […]
FOCUS, BERLINER MORGENPOST (Germany), LES ECHOS (France) Worldcrunch BERLIN – The German Constitutional Court has upheld the legality of the European Stability Mechanism (ESM), which had been set up to help bail out countries in the euro zone on the verge of financial collapse. With the decision Wednesday, a great source of anxiety was lifted […]
EGYPT INDEPENDENT, AL-AHRAM (Egypt), AL JAZEERA (Qatar), BBC NEWS (UK) Worldcrunch Egypt’s Salafi Nour Party has slammed the government’s negotiations with the International Monetary Fund about a $4.8 billion rescue package, stating any potential loan that the government receives would be against sharia law. Younis Makhyoun, a member of the ultra-conservative Islamist party said: “Borrowing […]