Europe, International Monetary Fund | featured news

A French novelist will file a complaint on Tuesday accusing Dominique Strauss-Kahn of attempted rape, her lawyer said, raising the prospect of a new sex assault investigation starting just as the U.S. case against the former International Monetary Fund chief falters.
The announcement threw Strauss-Kahn’s legal situation in his home country into question, and injected fresh uncertainty into a national debate about whether he will be able to return to his political career and enter the 2012 presidential race.

Dormant anti-Americanism has been reawakened in France, fueled by a sense that the culture of the United States has undermined fair play.

French Finance Minister Christine Lagarde has been chosen to lead the International Monetary Fund. She will become the first female managing director of the global lending organization....

French Finance Minister Christine Lagarde appeared poised to become the head of the International Monetary Fund this week despite a strong challenge to Europe's traditional hold on the job.

Greek Prime Minister George Papandreou offered on Wednesday to step down and make way for a national unity government provided it supported EU/IMF bailout plans, government sources said.

Former IMF chief Dominique Strauss-Kahn will plead not guilty on Monday to charges he sexually assaulted a New York hotel maid in a case that cost him his job and a chance at the French presidency.

French Finance Minister Christine Lagarde will likely become the next head of the International Monetary Fund (IMF), with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington.

French Finance Minister Christine Lagarde on Wednesday launched her bid to lead the International Monetary Fund, a candidacy that would put the first woman in charge of the scandal-rocked fund but increases tensions with developing nations who want one of their as head.

Forget what the New York prosecutor says about Dominique Strauss-Kahn. The doubters in France are legion and the country is abuzz with conspiracy theories.

European officials rallied around Christine Lagarde, the French finance minister, despite calls for a transparent selection process.