Lagarde calls for an increase to the ESM

Reactions to the IMF chief’s speech at the DGAP


Category: IMF

The address given by IMF Managing Director Christine Lagarde on January 23 has been the focus of much media attention around the world. News outlets paid particular attention to her call for a larger “firewall.” Lagarde advocated increasing funds for the European Stability Mechanism (ESM) and proposed adding the remaining money in the temporary European Financial Stability Facility (EFSF) to the ESM. In doing this, she increased pressure on the German government in the dispute over the ESM.

Foto: Dirk Enters

German media

ARD, Die Welt, Der Tagesspiegel, NTV, Spiegel Online, Süddeutsche Zeitung, ZDF, ZEIT Online, FAZ, Handelsblatt

International media

BBC News, CNN, Bloomberg, Le Figaro, Le Monde, New York Times, Newsweek, The Wall Street Journal, ANSA