The Latest Breaking News from Kristalina Georgieva

Fund says a default from Russia after sanctions over its invasion of Ukraine would not trigger a global financial crisis

Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but that would not trigger a global financial crisis, International Monetary Fund Managing Director Kristalina Georgieva said on Sunday.

Ukraine has requested additional aid from the IMF following the Russian invasion, the fund's leader Kristalina Georgieva said Friday. The crisis lender has an existing $2.2 billion aid program with Kyiv and "the authorities have also requested IMF emergency financing," Georgieva said in a statement. The fund's board met to…

Germany pulls plug on Nord Stream 2 pipeline, as UK and European shares see-saw and rouble sinks to two-year low

IMF Managing Director Kristalina Georgieva said on Thursday the fund would only support a "comprehensive program" for Lebanon that would tackle all the country's ills, including corruption. "Our team is working very closely with their Lebanese counterparts," Georgieva told reporters.

The International Monetary Fund stands ready to help countries that may be affected by any spillover effects from a Russia-Ukraine conflict and sanctions imposed by Western governments, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday.

Hardline approach to pandemic risks damaging global economy, says Kristalina Georgieva

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