Thursday October 2, 2014 Search
Weather | Athens
27o C
19o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
IMF backs Lagarde over probe, says preferred creditor status not at risk in Greece

By Sandrine Rastello

The International Monetary Fund’s board of directors is backing Managing Director Christine Lagarde, who is being questioned by a French court over a decision she made as finance minister, a fund spokesman said.

“The executive board has been briefed on this matter, including recently, and continues to express its confidence in the managing director’s ability to effectively carry out her duties,” IMF spokesman Gerry Rice told reporters at a press conference in Washington.

Lagarde, who was finance minister under former President Nicolas Sarkozy and has denied any wrongdoing, arrived for the questioning in Paris today. The Cour de Justice de la Republique, which focuses on ministers’ actions in office, is looking into whether she erred in agreeing to an arbitration to end a dispute involving business tycoon Bernard Tapie, an ally of Sarkozy, that awarded him about $500 million.

Rice also said Lagarde’s immunities were waived “some time ago” at her request “to the extent necessary to enable her to appear before the French judicial authorities in this matter.”

Separately, Rice said the fund is still awaiting a revised economic program from the Egyptian authorities before scheduling any visit to discuss a loan.

Asked whether the IMF’s preferred creditor status in being put in question in Greece, Rice said that such status “is not under discussion in Greece or anywhere else.”

[Bloomberg]

ekathimerini.com , Thursday May 23, 2013 (18:10)  
Doctors, medical employees strike over staff shortages, wages
European stocks decline as investors await ECB policy meeting
Attica Bank said to have rejected notable offers
PMI index slides anew in September
Court to hear Kasidiriaris-Kanelli case
An Athens court was scheduled to hear the case against Golden Dawn's Ilias Kasidiaris in connection to charges of attempted grievous bodily harm to Greek Community Party (KKE) MP Liana Kanel...
Terror group link prompts police raids and arrests
Police found a Kalashnikov assault rifle, a handgun, a hand grenade and numerous bullets Wednesday while searching homes in Athens and Thessaloniki used by six people who were detained and a...
Inside News
SOCCER
Rosenberg punishes Olympiakos´s errors at Malmoe
A disappointing Olympiakos got the worst possible result from its clash with Malmoe in Sweden for the Champions League, going down 2-0 on Wednesday due to its own defensive errors and attack...
SOCCER
All team sports suspended next weekend in memory of dead fan
The government announced on Monday the suspension of all team sports events in Greece scheduled for next weekend, October 4 and 5, in the memory of the Ethnikos Piraeus fan who died a few ho...
Inside Sports
COMMENTARY
There´s money, still
The decision reached by Prime Minister Antonis Samaras and his deputy, Evangelos Venizelos, to seek a vote of confidence in Parliament on October 6, is a final attempt to restore order in th...
EDITORIAL
Confidence and corrections
The government must secure a vote of confidence in Parliament. Any other development would see the country enter very turbulent waters. Prime Minister Antonis Samaras and his cabinet must ag...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Doctors, medical employees strike over staff shortages, wages
2. European stocks decline as investors await ECB policy meeting
3. Court to hear Kasidiriaris-Kanelli case
4. Rosenberg punishes Olympiakos´s errors at Malmoe
5. Terror group link prompts police raids and arrests
6. Samaras to seek confidence vote in bid to rally coalition
more news
Today
This Week
1. Court to hear Kasidiriaris-Kanelli case
2. European stocks decline as investors await ECB policy meeting
3. Doctors, medical employees strike over staff shortages, wages
4. Air-raid sirens to go off all over Greece at 11 a.m. in drill
5. Mario Draghi to push ECB to buy Greek, Cypriot 'junk' loans: FT
6. Truth before the battle
Today
This Week
1. Greece may opt for unusual president to avoid snap polls, Venizelos says
2. Woman allegedly buried alive by accident in northern Greece
3. Salaries in Greece continue to slide, dipping 1.4 pct in Q2
4. Should you bet with Kissinger on where the world is heading?
5. Cypriots divided by 1974 war seek Shariah hub
6. The shocking thought of euro-dollar parity
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.