european central bank Archives

Lagarde resigns as IMF managing director

Christine Lagarde has resigned as the managing director of International Monetary Fund (IMF). In a statement released on Tuesday, Lagarde said her resignation will be effective from September 12. The

Greek PM resigns after 7 months in office

Following huge economic debts, pressure on the Greek economy, and a successful bailout, Prime Minister Alexis Tsipras has announced his resignation. Tsipras announced his decision to step aside after securing

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[MARKET REPORT] ECB scores a first: Negative deposit rates

For the past month, the financial markets had been eagerly awaiting the latest European Central Bank (ECB) interest rate decision and it certainly delivered. The ECB introduced a number of

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