Tag: Christine Lagarde

Economic Activities in Ireland Weak-Lagarde

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Friday in Dublin said economic activities in Ireland are still weak; but said the IMF expects Ireland’s growth to exceed that of most European Union (EU) countries in 2013.   This is coming on […]

G-20 declare no Currency War

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Group of 20 Nations Saturday said it will not embark on currency war; but rather resolved to achieve a lasting reduction in global imbalances through joint actions. This is contained in a Press Statement from the International Monetary Fund (IMF) after the conclusion of […]

IMF Approves €3.24 Billion Facility for Greece

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday approved €3.24 billion or US$4.3 billion Extended Fund Facility (EFF) arrangement for Greece.   IMF said its Executive Board completed the first and second reviews of Greece’s economic performance under a program supported by a four-year (4) Extended Fund […]