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Any other business

Christine Lagarde didn’t create the Greek crisis. But she might not survive it

Plus: Carolyn Fairbairn, new director-general of the CBI; and how long will Mark Carne last as head of Network Rail?

4 July 2015

9:00 AM

4 July 2015

9:00 AM

The Greek drama took a turn few of us expected last week, when the world thought compromise was imminent. What happens after Sunday’s referendum is anyone’s guess — but recrimination is already flying, much of it aimed at IMF managing director Christine Lagarde. Having inherited the Greek headache from her predecessor Dominique Strauss-Kahn after his resignation in 2011, she has always talked tough — but now stands accused of setting aside IMF rules, as well as long-established blueprints for debt relief and the views of many of the Fund’s own economists, in order to stay aligned with the European Commission...

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