Only the IMF can break euro logjam
The fund played a crucial role in reform in developing countries for which there was no internal political will – it must do the same in the eurozone
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Europe’s domination at the top of the International Monetary Fund is set to continue with the appointment of Christine Lagarde as its 11th managing director
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Greek banks receive €18bn transfer
European Financial Stability Facility bonds will help banks reduce dependence on emergency liquidity assistance provided by Greek central bank
World more resilient to oil price rises
IMF says proactive monetary policy has helped
IMF calls on Bank of England to cut rates
Fund says quantitative easing should resume
Lagarde bridges political divide
IMF chief’s warning appeases Osborne and Balls
IMF praises Italy’s economic progress
Financial turmoil and slow reform threaten growth
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Comment & Analysis
Bank bail-ins
In a nutshell, the International Monetary Fund’s staff note advocates early intervention, before a bank is actually balance-sheet insolvent
IMF is set to get its bigger bazooka
That the eurozone needs this money shows how totally dysfunctional it is. Any IMF assistance must be highly conditional
IMF funds welcomed but aim is unclear
Lagarde secures $430bn for IMF and “great advantage” is assured but clarity is lacking on their basic undertaking
IMF and Europe
Eurozone’s new firewall falls short of what the rest of the world wanted to see before committing its own money
How to equip the IMF for the crises of our time
Since the G7 dissolved, and the G20 is not yet an adequate successor, the world seems dangerously without guidance, writes Lorenzo Bini Smaghi
IMF takes tougher stance over Greek debt
Christine Lagarde argues that if private creditors do not accept a big enough writedown, the ECB may have to take a cut in its own holdings
Europe’s avoidable growing pains
It is imperative to add short-term growth measures to the eurozone policy mix. Economic stagnation is a threat to debt sustainability
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