Keyword: IMF

France to miss deficit, growth targets says IMF

Organisation also fears voter resistance to spending restraints could jeopardise France's long-term strategy for restoring public accounts to health.

Strauss-Kahn to sue over film about sex attack scandal

The disgraced former IMF chief launches legal action for defamation over film inspired by his 2011 arrest in New York on rape charges.

IMF's Lagarde to be questioned in court over 'Tapie Affair'

It is Lagarde's third appearance before judges probing her role as French finance minister in huge mediation payout to tycoon Bernard Tycoon.

Dominique Strauss-Kahn to serve as economic adviser to Serbia’s government

Former IMF boss will serve as an economic adviser for Serbia’s top officials despite facing aggravated pimping charges in France.

IMF warns France may endure decade-long double-digit jobless rate

France must deepen its economic reforms to avoid long-term decline and cut the pace of fiscal tightening to help hesitant recovery, warns IMF.

French magistrates send Strauss-Kahn for trial for pimping in sex-ring 'Carlton affair'


Former International Monetary Fund managing director Dominique Strauss-Kahn (pictured) has been sent for trial on charges of taking part in pimping activities at the end of a more than two-year investigation into a prostitution ring that staged orgies for his benefit in France, the US and Belgium. Michel Deléan reports on the background of the ‘Carlton affair' and details the case levelled against DSK.

How IMF boss Christine Lagarde lied to judges in Tapie affair

 © Reuters © Reuters

When the head of the International Monetary Fund appeared before judges investigating the Tapie affair, she told them she had never read key memos from a state body that was advising her against the controversial arbitration that eventually paid out 404 million euros of taxpayers' money. But that is not what she told French MPs five years ago. Mediapart's Laurent Mauduit reports on how the former finance minister appears to have misled the criminal investigation.

CEO targeted in France's Tapie case says Lagarde fully briefed

Head of Orange says IMF boss knew all the facts before approving arbitration that saw tycoon Bernard Tapie awarded a huge payout in 2008.

'I need you as a guide': IMF chief Lagarde's bizarre 'letter' to Sarkozy

French press leaks an obsequious letter allegedly written by IMF chief Christine Lagarde in which she begs the former French president to 'use' her.

IMF warns France needs more reforms to close growing competitiveness gap with neighbors

The IMF, which said that it expects the French economy to shrink 0.2 percent this year, wants the country to reform its economy and labor market.

France worse off than UK in the 1970s: Axa chief

One of the France’s best-known businessmen says the country is in a worse state than Britain was at the time of its 1976 bail-out by the IMF.

How IMF chief Lagarde narrowly escaped being placed under formal investigation in Tapie probe

Christine Lagarde et Pierre Moscovici © Reuters Christine Lagarde et Pierre Moscovici © Reuters

French magistrates on Friday designated International Monetary Fund chief Christine Lagarde as an ‘assisted witness’ in their investigation into the conditions of a payout, when she was French finance minister, of more than 400 million euros to controversial tycoon Bernard Tapie. Mediapart has learnt from several well-placed sources the reasons why the judges backed off from placing her under formal investigation, a move originally favoured by two of the three magistrates leading the investigation. These are said to include an extraordinary last-minute public statement in support of Lagarde by French finance minister Pierre Moscovici (pictured top left with Lagarde), and a reported change to her previous account that she managed the Tapie case without interference from the presidential office.

French judges to question IMF chief Lagarde in May over suspected 'misappropriation of public funds'

 © Reuters © Reuters

International Monetary Fund chief Christine Lagarde (pictured) is to be questioned next month by French judges investigating a case of 'misappropriation of public funds' and 'aiding and abetting falsification' concerning an award from public funds of 403 million euros paid to controversial French tycoon Bernard Tapie when Lagarde was French finance minister, Mediapart can reveal. According to well-informed sources contacted by Mediapart she wil be interrogated on May 23rd, when Lagarde faces being formally placed under investigation - a status one step short of being charged – by the magistrates from the Court of Justice of the Republic, a special French court which is designated to investigate suspected malpractice by government members in the course of their duties. Laurent Mauduit reports.

IMF head Lagarde's flat searched in Bernard Tapie probe

As finance minister, she referred his long-running dispute with bank Credit Lyonnais to an arbitration panel which awarded him 400m euros damages.

IMF boss Christine Lagarde to appear before French judges

Christine Lagarde © Reuters Christine Lagarde © Reuters

The head of the International Monetary Fund Christine Lagarde is to appear soon before senior French judges over an investigation into allegations that as French finance minister she was involved in 'aiding and abetting falsification', Mediapart can reveal. The IMF boss is also facing claims that she was involved in the 'misappropriation of public funds'. The affair concerns the controversial decision to use an arbitration process that in 2008 awarded French businessman Bernard Tapie a 403 million-euro payout from the public purse. Lagarde's lawyer is due to learn later this week whether she will be heard as an 'assisted witness'- or be formally placed under investigation. Laurent Mauduit reports.