Sitemap

IMF Re-Elects Lagarde

CorD Recommends

Putin Wins Russian Election Decisively

Presidential candidate Vladimir Putin has won 87.26...

European Parliament Passes Groundbreaking AI Law

The European Parliament has adopted the Artificial...

EU Passes Landmark Media Freedom Law

The European Council has adopted a groundbreaking law aimed at safeguarding media freedom, pluralism, and editorial independence within the...

Scholz Champions Western Balkans’ Path to Membership

German Chancellor Olaf Scholz, in Slovenia, advocated for quickening the EU accession for the Western Balkans, underlining the importance...

Wiener Städtische Insurance company is the winner of Dobročinitelj (Benefactor) award

The company Wiener Städtische Insurance received the Dobročinitelj (Benefactor) award for socially responsible activities implemented during 2021, 2022 and...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Serbia Advances in Renewable Energy with Pupin Wind Park Financing

In a significant stride towards renewable energy adoption, Serbia has finalized the financial arrangements for the Pupin Wind Park,...

The International Monetary Fund on February 19 said its board re-elected Managing Director Christine Lagarde to a second five-year term, starting on July 5.

Lagarde, the only candidate nominated for the post, was elected “by consensus,” the IMF said in a statement. Lagarde, who took over the post in 2011, has overseen an easing of Europe’s sovereign debt crisis and has implemented changes to give greater influence in the Fund to emerging markets including China and Brazil.

Related Articles

31st Kopaonik Business Forum Kicks Off Amid Global Uncertainties

The prestigious Kopaonik Business Forum, now in its 31st year, commenced on the Serbian ski resort of Kopaonik, with a spotlight on "The New...

IMF Boosts Global Growth Forecast Amid Lower Energy Costs

The International Monetary Fund (IMF) has revised its forecast for global economic growth upwards for this year, buoyed by robust consumer spending and declining...

Yulia Ustyugova, IMF Resident Representative For Serbia

Geopolitical Stability & Nearshoring Could Boost Serbia’s FDI

Solving geopolitical tensions, some of which are not within Serbia’s control, would support and strengthen foreign direct investment (FDI). Additionally, the ongoing trend of...

ECB Welcomes European Commission Legislative Proposals On Digital Euro And Cash

The European Commission has published today its legislative proposal on a digital euro. Like banknotes and coins are now, a digital euro would be...

IMF: The Decline Of The World Economy In 2023

Things are more likely to get worse than better, International Monetary Fund Managing Director Kristalina Georgieva predicted, as the IMF again cut its projections...

IMF: War Caused Biggest Food Shortage Since 2008

The war in Ukraine has disrupted supplies of grain and fertilizer, producing the worst food shortages since the global financial crisis of 2007 and...

Comment

Crises Give Birth To New Solutions

Even though we have continuity of government, there’s no doubt that the set of measures the government will have to opt for will differ...

Yulia Ustyugova, IMF Resident Representative For The Republic Of Serbia

Making Difficult Choices Must Be A Key Government Task

Limited policy space and more difficult access to financing means that policymakers will have to be very selective and targeted in their spending and...