Press Release No.15/302
June 28, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today:
“I have briefed the IMF Executive Board on the inconclusive outcome of recent discussions on Greece in Brussels. I shared my disappointment and underscored our commitment to continue to engage with the Greek authorities.
“The coming days will clearly be important. I welcome the statements of the Eurogroup and the European Central Bank to make full use of all available instruments to preserve the integrity and stability of the euro area. These statements underscore that the euro area today is in a strong position to respond to developments in a timely and effective manner, as needed.
“The IMF also will continue to carefully monitor developments in Greece and other countries in the vicinity and stands ready to provide assistance as needed.
“I continue to believe that a balanced approach is required to help restore economic stability and growth in Greece, with appropriate structural and fiscal reforms supported by appropriate financing and debt sustainability measures. The IMF is prepared to continue to pursue that approach with the Greek authorities and our European partners.”
….Statement by the IMF on Greece
Press Release No.15/344
July 20, 2015
Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today:
“I can confirm that Greece today repaid the totality of its arrears to the IMF, equivalent to SDR 1.6 billion (about EUR 2.0 billion). Greece is therefore no longer in arrears to the IMF.
“As we have said, the Fund stands ready to continue assisting Greece in its efforts to return to financial stability and growth.”
—IMF Managing Director Christine Lagarde Appoints Maurice Obstfeld as Economic Counsellor and Director of the IMF’s Research Department
Press Release No.15/343
July 20, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced her intention to appoint Professor Maurice Obstfeld as Economic Counsellor and Director of the IMF’s Research Department. Mr. Obstfeld succeeds Olivier Blanchard whose retirement was announced previously. He is expected to begin his work at the Fund on September 8, 2015.
Get more on this nomination on the IMF website.
We have come that long way with Greek referendum, all this supported by a strong enthusiasm, to found ourselves helpless by the zero plan B of Greek government. We would have wished and got a lot of pleasure to see Greece trying its own way stepping aside of the austerity — with full confidence. This audacious plan would have be a heart shock with a powerful blood impulse straight to the brain of the EU’s masters.
This has been a misopportunity. You never go to war without a plan B or C. Basic.
Second, it is not about my way or the Highway. No. It is about innovation and inventing the New Economic and political Freedom. Let’s freedom ring. The IMF was standing nearby all along the process and extending a reliable hand. What was the purpose of doing a referendum, if the result finally got no significant impact, apart from ridiculizing the EU’s technocrats ?
Apparently, the new idea concerning the EU’s integration (political at least) is the creation of a super gov. Another predatory class of greedy technocrats to pay like elephants for nearly nothing. Who even recalls there is a President of the EU and a Foreign Minister ? Nearly nobody.
To end with, Chancelor Merkel has expressed her opposition to gay marriage stating the forgotten evidence : ‘marriage is between a man and a woman’. Civil unions are there to go on with any other type of unions. Yes, some people have said ‘Love is love’. Where you stop, this is the problem.
By nature and by law, Gay marriage was and is indefensible. Its urgency was heavy handed. Compared to Black people jailed in mass or to inequalities solving – the progressive agenda of NY for instance – global poverty, hunger and peace around the world, gay marriage was a revendication of rich, cultural worlds and wealthy people inside developed nations. This, of course, was the only motives ; not the humanitarian pretending emergency or that other hijacking of civil rights spirit. Meanwhile, vote rights of Africans Americans are captured by the Outdated System.
Gay marriage will remain down History as the last big propaganda moment, a vestige of past ruling time when institutions raped all the power from the people’s hands. This was a rape of Democracy.
Greece last surge is that other moment of a Democracy’s rape.
This summer, I will try to go back to Plato and to Marcel Proust ‘A la recherche du temps perdu’ to try to comprehend the incomprehensible.
— Previously, Greek Pretending deal with the EU.
— The EU has issued 7 billion in emergency funds. That money will go back to repay loans from the IMF and euro creditors. Paper money and propaganda.