John Lipsky

How the IMF‘s misadventure in Greece is changing the fund

Five years later, after the biggest bailout in the fund's history, Greece failed to make a USD 1.7 billion payment as required at the end of June – the first advanced economy ever to default on the IMF. Worse, after having received more than 240 billion euros in international aid, Greece economy is still in tatters.

Various mechanisms considered to expand EFSF: IMF Lipsky

John Lipsky, current advisor to the managing director of the IMF believes that European authorities are looking out for ways to expand the EFSF.

Europe must find solution to sovereign solvency issue: FM

Finance Minister Pranab Mukherjee told the media that European nations will have to find their own solution to the problem of sovereign solvency and make a credible assessment of liquidity needs.

Risk to core economies frets EU partners: IMF head

The International Monetary Fund's acting head John Lipsky said on Tuesday the euro zone's partners were concerned about the potential for the crisis in the zone's peripheral economies to spread to core countries.

Lenders head to Greece as Europe holds back loan

International lenders are making an unexpected visit to Athens to check on its resolve to implement painful austerity plans that have caused weeks of public protests and political confusion.

Greek restructuring not being considered: John Lipsky

The Athex on Saturday morning was down further, as Greek policymakers embroiled in worries about the huge debt that looms large above their heads. Menaka of CNBC-TV18 presents a report from Ross of CNBC that reveals the IMF Deputy Managing Director, John Lipsky saying that a Greek restructuring or re-profiling is not being considered.

Greeks fail to agree on debt measures amid aid threat

Greece's prime minister failed to convince opposition leaders on Friday to support tougher austerity measures to free up EU/IMF aid needed to avert a debt default.

Lagarde is excellent replacement for Strauss-Kahn: Lipsky

In the interview with CNBC, Lipsky indicated that the French finance minister, Christine Lagarde, would be a good replacement for Strauss-Kahn. "She's done an excellent job as finance minister and I am sure she would be an excellent MD,” he was quoted as saying.

Merit to be key in picking new IMF chief: Lipsky

Selection of a new leader for the International Monetary Fund should be made on the basis of merit, and it will not be unusual if it takes some time, acting Managing Director John Lipsky said on Thursday.

IMF board to meet on Strauss-Kahn successor

Acting IMF chief John Lipsky said the Fund's executive board would meet later today to launch the search for a successor to managing director Dominique Strauss-Kahn, who resigned to face sex charges.

IMF Managing Director Dominique Strauss-Kahn Resigns

Dominique Strauss-Kahn today informed the Executive Board of the International Monetary Fund (IMF) of his intention to resign as Managing Director with immediate effect.

US Treasury Secy calls for new leadership of IMF

The International Monetary Fund needs to find an interim replacement for its embattled chief Dominique Strauss-Kahn, "who is obviously not in the position to run the IMF," US Treasury Secretary Timothy Geithner has said.

US mulls White House aide Lipton for IMF No. 2 job

The United States is considering proposing White House adviser David Lipton to take over from John Lipsky as No. 2 at the International Monetary Fund, sources familiar with the situation said on Tuesday.

Fund ready to help euro zone nations: IMF Deputy MD

The International Monetary Fund stands willing to partner with Europe to help indebted nations on a case-by-case basis, a top IMF official told Reuters on Monday.

IMF's Lipsky: US deficit reduction critical

The IMF'S first deputy managing director, John Lipsky, warned on Saturday that the United States must start down a budget deficit-cutting path relatively soon or face crushing debt service costs as interest rates rise.