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EU fund proposal meets subdued reaction

EU fund proposal meets subdued reaction

BERLIN, March 9 (UPI) -- German Chancellor Angela Merkel said Tuesday establishing a fund to help European Union countries with low-cost loans would require a change to the EU treaty.

Sarkozy names new EDF head

PARIS, Sept. 29 (UPI) -- The favorite candidate of French President Nicolas Sarkozy will be named new head of EDF to steer the utility through nuclear expansion and a cost-cutting program.

Arab states race for nuclear power

ABU DHABI, United Arab Emirates, Sept. 9 (UPI) -- Amid the gathering storm over Iran's controversial nuclear ambitions, the race is on among Arab states to build nuclear power plants of their own, opening up immense trade opportunities for the industrialized world as well as the specter of proliferation.

G20 punts on bank bonuses

LONDON, Sept. 5 (UPI) -- Finance ministers from the Group of 20, meeting in London, failed to agree Saturday on compensating bankers to reward them for long-term performance.

France, Britain differ on bankers' bonuses

LONDON, Sept. 5 (UPI) -- Britain and France disagree on how to limit big bonuses for bankers, which both countries hold partially responsible for the financial crisis, analysts say.
Sarkozy discharged from hospital

Sarkozy discharged from hospital

PARIS, July 27 (UPI) -- French President Nicolas Sarkozy was discharged from a military hospital in Paris Monday where he was taken after fainting during a run.
ECB president backs the U.S. dollar

ECB president backs the U.S. dollar

FRANKFURT, Germany, July 6 (UPI) -- European Central Bank President Jean-Claude Trichet said he was "very clear" in his support of the U.S. dollar as the primary central bank reserve currency.
Sarkozy, Iraqi VP to meet in Paris

Sarkozy, Iraqi VP to meet in Paris

PARIS, April 15 (UPI) -- Iraqi Vice President Adel Abd Mahdi and French President Nicolas Sarkozy prepared Wednesday for bilateral discussions in Paris, officials said.
France considering stimulus package

France considering stimulus package

PARIS, Dec. 19 (UPI) -- The French government is considering an economic stimulus package for 2009 to soften the effects of a recession, a top government official said.

ECB rate cut falls short, France says

PARIS, Nov. 7 (UPI) -- French Finance Minister Christine Lagarde said the European Central Bank's lending rate cut this week wasn't good enough.
EU finance leaders back new regulations

EU finance leaders back new regulations

BRUSSELS, Nov. 4 (UPI) -- European finance ministers approved tighter bank controls Tuesday ahead of a global finance summit scheduled for Nov. 15 in Washington.

'Eurozone' summit reaches bank rescue plan

PARIS, Oct. 12 (UPI) -- The 15 countries of the Eurozone agreed Sunday on an emergency deal to guarantee financial debt for five years and to take a direct stake in banks if needed.

French pass sweeping economic reforms

PARIS, July 25 (UPI) -- Economic reforms passed in France will add 0.3 percentage points of annual growth to the country's economy, the government said.
French call for suspending EU fuel taxes

French call for suspending EU fuel taxes

PARIS, May 27 (UPI) -- European Commission officials said Tuesday that French President Nicolas Sarkozy's suggested European Union fuel tax suspensions were unlikely to occur.

Pressure builds to fire French bank execs

PARIS, Jan. 30 (UPI) -- Political pressure is building for France's scandal-plagued Societe Generale bank to fire the bank's chairman and other top executives.
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Photos
Christine Lagarde
Members of International Monetary and Financial Committee (IMFC) gather for a group photo during the International Monetary Fund (IMF) and World Bank Spring Meetings in Washington on April 24, 2010. Seated (front row, L to R) are IMF Managing Director Dominique Strauss-Kahn, IMFC Chairman Youssef Boutros-Ghali, and French Finance Minister Christine Lagarde, and Chinese Finance Minister Zhou Xiaochuan. In the second row (L to R) are British Finance Minister Alistair Darling, Reserve Bank of India chief Duvvuri Subbarao, Italian Finance Minister Giulio Tremonti, Russian Finance Minister Alexei Kudrin, and Switzerland's Finance Minister Hans-Rudolf Merz. UPI/Alexis C. Glenn
Wiki

Christine Madeleine Odette Lagarde (née Lallouette; born 1 January 1956) is a French lawyer and the managing director of the International Monetary Fund since July 5, 2011. Previously, she held various ministerial posts in the French government: she was Minister of Economic Affairs, Finances and Industry and before that Minister of Agriculture and Fishing and Minister of Trade in the government of Dominique de Villepin. Lagarde was the first woman ever to become minister of Economic Affairs of a G8 economy, and is the first woman to ever head the IMF.

A noted antitrust and labour lawyer, Lagarde made history as the first female chair of the international law firm Baker & McKenzie. On 16 November 2009, The Financial Times ranked her the best minister of finance of the Eurozone. In 2009, Lagarde was ranked the 17th most powerful woman in the world by Forbes magazine.

On 28 June 2011, she was named as the next managing director of the International Monetary Fund for a five-year term, starting on 5 July 2011, replacing Dominique Strauss-Kahn. This made her the 11th European running to head the IMF.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Christine Lagarde."
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