Lagarde bids farewell to French government

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Lagarde bids farewell to French government

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Au-revoir to the French government, Bonjour to the International Monetary Fund.

Christine Lagarde has had her last meeting as French Finance Minister after being named as the new head of the IMF.

She told reporters: “I’m very moved, very happy and proud to have served France for the past four years, and to have had a lot of energy and enthusiasm to try to do what we really need to achieve for the best in difficult circumstances.”

Lagarde’s appointment comes as the IMF and the European Union attempt to avoid a possible Greek debt default.

Lagarde is the first woman to head the IMF. She replaces Dominique Strauss-Kahn who resigned last month to defend himself against charges of sexual assault against a New York hotel maid.