Chinese policies have been misread says Lagarde

Madame Director still waffling on

  • Doesn't think China wants unstable FX depreciation
  • Greeks need to reform and look at pension system
  • Europeans need to be sensible on Greek debt burden, maturities need extending and interest rates need lowering
  • Hopes to make progress on Greek situation in next few weeks (maybe before a snap Greek election eh? ;-) )
  • Risk of Brexit is a worry

Still holding firm in the game of chicken with the EU & Greece

Best in 2026

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