Christine Lagarde

Lagarde Tips Hand

French Politics (Free subscription) | 26/11/2008

The French stimulus package will be about 1% of GDP, according to Christine Lagarde. This makes it comparable in size to Gordon Brown's package.

Advisors on Stimulus Plan

French Politics (Free subscription) | yesterday

Le Figaro reports that Sarko is huddling daily with advisors who are helping him to polish the presentation of his stimulus plan, expected on Thursday. Who is advising him? Christine Lagarde, of course, but also Henri Guaino, Raymond Soubie, and François Pérol. Lagarde, the minister of finance, and Guaino, the ubiquitous speechwriter, need no introduction. The latter two names...

EU finance ministers criticise elements of €200bn stimulus package

The Irish Times (Free subscription) | 2 hours ago

... governments can take to rescue banks."She radically changed her approach," French finance minister Christine Lagarde told journalists at the end of an EU finance ministers' meeting attended by Ms Kroes.Ms Lagarde said Ms Kroes had agreed at the meeting to redraft a commission communication due to be published this week on the state aid guidelines for banks.France, Germany and...

European Regulators Again Revise Bank Subsidy Rules

Rocky Mount Telegram - Business (Free subscription) | 3 hours ago

... solvent banks from taking state aid that could be used to expand lending.After the talks, Christine Lagarde, the French economy minister, said Ms. Kroes had given ground. “Mrs. Kroes acknowledged that she had radically changed her approach,” Ms. Lagarde said, adding that she would distinguish between banks considered solvent before the financial crisis and those that were already...

• European Regulators Again Revise Bank Subsidy Rules - New York Times

European Regulators Again Revise Bank Subsidy Rules

New York Times (Free subscription) | yesterday

... solvent banks from taking state aid that could be used to expand lending.After the talks, Christine Lagarde, the French economy minister, said Ms. Kroes had given ground. “Mrs. Kroes acknowledged that she had radically changed her approach,” Ms. Lagarde said, adding that she would distinguish between banks considered solvent before the financial crisis and those that were already...

EU to tweak state aid rules for banks

Miami Herald (Free subscription) | yesterday

... financial sector aid plans."We all have to be intelligent enough to show some flexibility," said Christine Lagarde, the French finance minister who chaired the EU meeting.Kroes said from now on she will judge subsidies in terms of boosting growth, for instance by approving aid enabling banks to issue credit to companies making "environmentally friendly products" or extend risk capital...

Financial News: Brussels blocks French bank bail-out

euronews24 (Free subscription) | 28/11/2008

The French government's plan to shore up the capital position of France's six main retail banks is being blocked by the European Commission, which insists they must reduce their lending in return for state support.Christine Lagarde, French finance m

EU blocks French bank capital plan: report

Reuters (Free subscription) | 29/11/2008

... deal a fresh blow to an already troubled economy.The Financial Times said French Economy Minister Christine Lagarde spoke with European Union Competition Commissioner Neelie Kroes on Friday to persuade her to lift her veto on France's bank support package.But Kroes was sticking to her view that banks cannot use state aid to increase their lending books, the paper said."We have to...

French banking: Bad harvest

The Economist (Free subscription) | 27/11/2008

Big banks eye the retail deposits of France’s accident-prone mutuals OVERALL, French banks have had a good credit crunch. No French institution has had to be rescued by the state. There has been one big bail-out, of Dexia, a Franco-Belgian lender, but France’s finance minister, Christine Lagarde, was quick to assert that the bank was in fact Belgian by capital and supervision. France...

Report: Brussels blocks French bank bail-out

The Earth Times Online Newspaper (Free subscription) | 29/11/2008

London/Paris - The European Commission is blocking the French government's plan to bail out its six largest banks by insisting that state funds can not be used for commercial lending, Britain's Financial Times reported Friday on its website. According to the report, EU Competition Commissioner Nellie Kroes has rejected pleas by French Finance Minister Christine Lagarde to approve the...

Report: Brussels blocks French bank bail-out

The Earth Times Online Newspaper (Free subscription) | 29/11/2008

London/Paris - The European Commission is blocking the French government's plan to bail out its six largest banks by insisting that state funds can not be used for commercial lending, Britain's Financial Times reported Friday on its website. According to the report, EU Competition Commissioner Nellie Kroes has rejected pleas by French Finance Minister Christine Lagarde to approve the...

Brussels blocks French bank bail-out

FT.com - Europe homepage (Free subscription) | 28/11/2008

The French government’s plan to shore up the capital position of France’s six main retail banks is being blocked by the European Commission, which insists they must reduce their lending in return for state support.Christine Lagarde, French finance minister, on Friday spoke to Neelie Kroes, EU competition commissioner, to persuade her to lift her veto on France’s €10.5bn ($13.3bn) support...

Eurozone Watch » The downsides of harmonising the corporate tax base

InformedTrades (Free subscription) | 28/11/2008

April 13, 2008. The downsides of harmonising the corporate tax base. by Sebastian Dullien and Daniela Schwarzer. The French Finance Minister Christine Lagarde last week announced that Paris would use its Presidency of the European ... Go to Full Article

France to present new anti-crisis plan

Xinhuanet (Free subscription) | 28/11/2008

... economy through spending and tax cuts. France has managed to avoid the recession. Last Tuesday, Christine Lagarde, the Minister of the Economy, said the government planned 19 billion euros into the country's key industry.

Brussels blocks French bank bail-out

Financial Time (Free subscription) | 28/11/2008

The French government’s plan to shore up the capital position of France’s six main retail banks is being blocked by the European Commission, which insists they must reduce their lending in return for state support.Christine Lagarde, French finance minister, on Friday spoke to Neelie Kroes, EU competition commissioner, to persuade her to lift her veto on France’s €10.5bn ($13.3bn) support...