The International Monetary Fund groups 188 countries; its aim is to secure financial stability.
One of the organization's stated objectives is making financial resources available to member countries to meet balance of payments needs. The IMF therefore plays an important role in solving the crises of countries threatened by bancruptcy. Its headquarters are in Washington, D.C., United States, it current managing director is Christine Lagarde, a former French finance minister. This page collates recent DW coverage concerning Lagarde and the IMF.
Greece is on the verge of a cash flow crisis as its creditors refuse to release funds from the bailout package until Prime Minister Alexis Tsipras' government comes up with new reforms. Eurozone finance ministers are in Riga to find a way out of the deadlock.