John Lipsky News
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Group of 20 finance chiefs and central bankers opened the possibility of handing more International Monetary Fund aid to Europe, while splitting over whether the lender should be given more resources.
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European leaders’ ability to tackle the debt crisis will be boosted once euro-region nations approve enhancements to the region’s rescue fund, said John Lipsky, the International Monetary Fund’s former no. 2 official and now a special adviser to the IMF chief.
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The U.S. will “certainly” see an increase in debt-servicing costs in coming years, said John Lipsky, the International Monetary Fund’s former no. 2 official and now a special adviser to the IMF chief.
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The U.S. should not take low borrowing costs for granted, said John Lipsky, the International Monetary Fund’s former no. 2 official and now a special adviser to the IMF chief.
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The International Monetary Fund turned to John Lipsky when it was ordered to develop an early- warning system to prevent a repeat of the 2008 financial meltdown. Now, the IMF is calling on him to guide it through its own crisis.
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John Lipsky , the International Monetary Fund’s acting chief, said today that a new leader will be found by the end of next month, while he declined to comment on whether a U.S. citizen should keep the fund’s No. 2 slot.
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French Finance Minister Christine Lagarde would make an “excellent” head of the International Monetary Fund, said John Lipsky , the acting managing director of the institution.
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The International Monetary Fund isn’t negotiating a second rescue package for Greece while it weighs whether to approve the next payment of the country’s initial program, acting IMF head John Lipsky said.
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As International Monetary Fund chief Dominique Strauss-Kahn awaits his first court appearance on attempted rape charges in New York, the IMF has called on John Lipsky, who it named acting director yesterday, to guide it through its own crisis.
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John Lipsky , the first deputy managing director of the International Monetary Fund, will leave his post when his current term expires on Aug. 31, the IMF said by e-mail today.
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Audio
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Lipsky Says Europe's Debt Problems Need Management
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Pond, Asper, Durbin, Bandholz, Lipsky, El-Erian
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Lipsky, Chandler, Ross, Achuthan, Whalen, Case
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