1. Lagarde to Become Managing Director and Chairman of the IMF
... ). Lagarde is already involved in these affairs. While in Paris, she advised the Greek government to come to terms with the political differences that exist and approve the austerity measures that are currently preventing the country from receiving their next installment loans from the IMF and EU. Additionally, she lectured Greece's creditors, which consist mostly of French and German banks, on their ability to compromise (Rooney) "It must ... Greece must itself take charge in a responsible manner" (Rooney). She is also a surprising successor because the IMF, which is made up of 187 memb...
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- Grade Level: Undergraduate