European Financial Stability Fund

  • Lagarde Warns of Dangers of Cuts Before Davos

    By Marlene Y. Satter, AdvisorOne  |  January 20, 2012

    Ahead of the meeting of policymakers in Davos next week, Christine Lagarde, managing director of the International Monetary Fund joined with members of the Global Issues Group of the World Economic Forum to warn against policies that aim only for cuts and jeopardize chances for economic growth.

  • Soros: Germany Must Support Euro

    By Marlene Y. Satter, AdvisorOne  |  August 15, 2011

    According to billionaire George Soros, a decision by German Chancellor Angela Merkel ignited the euro crisis in the wake of the Lehman Brothers default in 2008. Now, Soros says, only Germany can save the euro.

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