madam lagarde. >> well, thank you so much, fred. and i know you're a true friend because you're one of the very few who introduced me without referring to my muscles. because people typically refer to my belonging to the synchronized swimming national team in france. so thank you for that. and don't believe that fred and i always coordinate our colors. but it so happens that we are black and white together. the council, fred, board members and members in the audience, is renowned for its capacity to actually bring together top international policymakers from both sides of the atlantic, and from further afar. and this is clearly something that is in common between our two organizations. the atlantic council and the international monetary fund. next week we will be hosting the spring meetings of the world bank and the imf and we will be welcoming to washington, d.c. representatives of our 188 member countries. finance ministers, governors of central banks, and they will focus their discussion on the state of the global economy. since

none other than madame lagarde. christine lagarde at 10:20 a.m.y looking forward to talking to christine lagarde about the new reality of her new -- stay with us in new york. in washington, it is the spring meetings of the international monetary fund. ♪ brendan: this is bloomberg "surveillance." tom is in d.c. for the imf meetings. it is time for our single best chart. what is google? that is what eu commissioners are trying to figure out now. they believe it might be a monopoly. but google actually is is the subject of today's single best chart. so, here's what we're looking at. the green is what you think of as google. their sites, youtube, display ads. the blue is ad sense, networks that search results feed into. the yellow is other. hardware sales. olivia: and google play. brendan: what you do not see there, however, is what it is google is being investigated for by the eu commission, which is taking its google shopping network. which is not really a part of revenue. the other thing that is being looked into is android. looking at this chart,

madam lagarde. >>> well thank you so much, fred. and i know you're a true friend because you're one of the very few who introduces me without referring to my muscles. because people typically refer to my belonging to the synchronized swimming national team in france. so thank you for that. and don't believe that fred and i always coordinate our colors. but it so happens that we're black and white together. the council fred, board members and members in the audience, is renowned for its capacity to actually bring together top international policymakers from both sides of the atlantic. and from further apart. this is clearly something that is in common between our two organizations. the atlantic council and the international monetary fund. next week we will be hosting the spring meetings of the world bank and the imf and we will be welcoming to washington, d.c. representatives of our 188 member countries. finance ministers, governors of central banks, and they will focus their discussion on the state of the global economy. and since o

february for a total of 900 million euros, when you look at what came out of the meeting with madame lagarde a clear assurance to make that debt payment to the imf. they also talked about ways they can strengthen the between greece and its creditors. mr. varoufakis had a meeting with treasury department officials and in some ways he has allies in the u.s. administration because they would like to see less austerity imposed. varoufakis is saying over the weekend, april 24 is the new date. that is when euro finance ministers meet in rego for a meeting. that is when he was to see some kind of deal. it includes a primary surplus of 1.5%, new investments from the european surplus bank and the creation of a bad bank with nonperforming loans and crucially, something to have growth debt -- overall you mentioned 450 million on thursday and over the next six months they have 20 billion they will have to pay or rollover in addition to running the functioning's of the greek state. jon: busy month. while all of this is going on greece seems to have come up with a figure for world war ii war reparations.

in presenting the atlantic council's award to you madam lagarde, world economic founder clause

madam christine lagarde, managing director of the imf. >> sara eisen with christine lagarde making a bunch of comments saying she's glad greece made the payment to the imf in what she called an orderly fashion, said that the government there elected with its own mandate that needs to be respected in her words, did say, jon, monetary authorities need to be attentive and granular and look out for bubbles in various asset classes and then interestingly, referring to uber and pinterest's valuation said maybe there's an explanation it if there are truly companies that are disrupting protected networks of business, maybe some of these valuations are -- can be explained. >> saying this doesn't remind her of the dotcom bubble which, of course, she lived through along with the rest of us and pointing out that she's paying close attention to gender discrimination issues in the work place when sara asked her about the ellen pao trial, particularly in lower income countries where having equality is really important. moving on, many apple fan boys and

[applause] >> thank you so much, madam lagarde, for the very important speech and also that not entirely convincing british accent at the end of it. and you're right that i failed imagine the synchronized swimming because -- i read when i did my search -- research the joint french to regard out the dress prison. >> correct. >> there is so much meat in that to follow up on them with a brief 15 minutes here to follow up. so let me try to go through some of the were think we really need to drill down just a little bit further. first of all did the greeks repay their loan? >> yes. i got my money back. [laughter] >> appeared to make get that out of the way for all the press. that is now confirmed from the imf. you met with a greek finance minister last weekend. this week he was in moscow. i'd like to ask you to question. what to do next steps look like, and perhaps you can put that in the overall context of how resilient you believe the eurozone is both economically and structurally. you see the low oil prices, the quantitative easing, the reduction in the euro value all hell-bent. but on the

i first ran across madam lagarde christine when the "wall street journal" europe was putting together its 2002 top european women in business rankings. to celebrate women who were pushing through the mostly male ranks of corporate europe. the jury of experts ranked her among our top ten finalists. but then they had a dilemma. as a f

madam lagarde said imf rules state you can not have any delay in payments. we heard from the german finance minister he give you advice you stick to the reforms. how do you plan to ensure you will not be compromised but instead ensure that you are going to compromise as much as you possibly can without putting the greek economy in danger? thank you. >> maybe one more. i mean, subject to my imf friends in the room, there have been cases of arrangements conditional on future performance so, you know, it is not an undone thing that some payments are either refinanced or delayed. >> thank you very much. with sgcs. my question is follow-up to what all the colleagues said before. and, it goes to the essence of negotiations that are taking place. it seems to me, and you know reading papers, trying to talk to some of the actors involved that the piece that is missing is not so much the flexibility and trying to find a slightly different compromise on how to achieve the goals that you want to achieve, but the lack of specificity. basically how i understand it, your e

madame lagarde cannot ignore the market vigilantes, they scream distortion. report in our 7:00 hour. is lloyd playing find -- is lloyd blank find running a bank? imf in washington, d.c.. joining me in new york is olivia sterns. after the interview with wolfgang schauble, this could be the most interesting meeting i have seen. brendan: one thing that is not going to happen wolfgang schauble has no plans to meet with yanis varoufakis of greece. he said the deadline of the program

tom: madame lagarde thank you very much. always interesting stuff. stephanie: here we go. anks to our own tom keyed with the imf's christine lagarde. erik: coming up, folks -- we will talk about devices with a ceo. ♪ erik: a little breaking news for you. etsy has started trading. scarlet fu is going to tell us how high. i was looking and it keeps going up. scarlet: it keeps going up. it opened at $31 a share. it has reached a high of$54.54. it is more than doubling is trading debut. the online marketplace for homemade and vintage goods -- it is out of its market rage -- range of 14 to $16. and now trading above 30 -- now above $33. it keeps going up. i just want to mention party city, also making its debut. it is basically -- steph earlier you were talking about where are the women for party city? when they rang the bell for the new york stock exchange. we went inside the bloomberg terminal and the management is all men. stephanie: ok, you know what, scar let's get a retail analyst on. party city customers. party city's number one day is halloween. who you think is trying a

tom: and a conversation tomorrow with madame lagarde. so much to talk about. 12:15 p.m. eastern, i will be sitting down with the finance minister of germany. tom: what are you going to ask him? brendan: my goodness, where to start. the germans have made it clear they are not interested in issuing any more debt. with capital as low as it is among that is a hard one to understand. tom: and you are the when to do it with your cultural understanding of germany. i will look for that later on bloomberg television today. and on bloomberg radio in the 9:00 hour as well. bob nardelli, thank you. we continue. stay with us this morning. ♪ betty: good morning. it is tax day. did you file your taxes? your "in the loop." i am betty liu. the man behind the power breakfast is taking his concept outside of new york city. expanding the regency brand. why is he taking on the agriculture industry? i will explain what i mean about that. mistakes the u.s. made in dealing with china. former treasury secretary hank paulson joining peter cook, laying out the mistakes that the u.s. has

tom: madam lagarde i'll have a conversation with her as the i.m.f. meetings begin on thursday. quickly today the president tries -- begins the process of trying to convince very kept cal congress he wants the political room to negotiate without iran getting involved. tom: this was really great, olivia. lots to talk about on a monday. olivia: did you thank me for doing the show with you? thank you, gary. gary: you're both awesome. olivia: you look so tan. we missed you. tom: it was rainy the whole time. . ma good morningt. tyou are "in the loop": and i am met her. in for betty liu. a great show for you this morning. we will get a take on a nuclear deal with iran as secretary kerry gets ready to brief congress later this morning. we are joined to discuss -- first, here is a look at our top story. hillary clinton is going back to where her 2008 rate went wrong. going to iowa for her appearances wednesday. the former secretary of state announced her campaign sunday in a video posted online. hillary clinton: i am running for president. americans have fought their way back from tough

i first ran across madam lagarde chris tin when the "wall street journal" europe was putting together its 2002 top european women in business rankings. to celebrate women who were pushing through the mostly male ranks of corporate europe. the jury of experts ranked her among our top ten finalists. but then they had a dilemma. as a french lawyer at a partnership organization was she really a business leader? and as she chaired a chicago-based company though it was global did she coupt as a european executive? but the editor intervened and the judges were taken by her accomplishments and the certainty that she would only achieve more. it was revolutionary at then the world's largest law firm had elected her as the second non-american to ever run the firm. our "wall street journal" jury marveled at her remarkable consensus-building skills. such and under ees plated and historicically crucial talent that she demonstrates at the i.m.f. our jury placed her then at number five at the list which i referred to as a result of the chicago penalty. but if i name the other four for you today you w

i first ran across madam lagarde christine when the "wall street journal" europe was putting together its 2002 top european women in business rankings. to celebrate women who were pushing through the mostly male ranks of corporate europe. the jury of experts ranked her among our top ten finalists. but then they had a dilemma. as a french lawyer at a partnership organization was she really a business leader? and as she chaired a chicago-based company though it was global, did she count as a european executive? but the editor intervened and the judges were taken by her accomplishments and the certainty that she would only achieve more. it was revolutionary at then the world's third largest law firm had elected her as the second non-american to ever run the firm. our "wall street journal" jury marveled at her remarkable consensus-building skills. such and under ees plated and historically crucial talent that she demonstrates at the i.m.f. our jury placed her then at number five at the list which i referred to as a result of the chicago penalty. but if i name the other four for you today

madam lagarde said you can't have delay in payments. give your advice to ensure you will stick to the reforms. how do you plan to ensure you're not going to be compromised but instead ensure that you are going to compromise as much as you possibly can without putting the greek economy in danger? thank you. >> maybe one more. yes, you? >> i mean, subject to nigh imf friends friends in the room, there has been cases of arrangement, conditional performance. it's not an undone thing that some things are unfinanced or delayed. >> thank you very much. my question is really a follow-up to what all of the colleagues said before. and it goes to the essence of negotiations that are taking place. it seems to me and, you know, reads theing the papers and trying to talk to some of the actors involved, that the piece that is missing is not so much the flexibility and trying to find a slightly different compromise on how to achieve the goals that you want to achieve, but the lack of specificity. basically how i understand it the basically, how i under

madam lagarde said imf rules state you can not have any delay in payments. we heard from the german finance minister he give you advice you stick to the reforms. how do you plan to ensure you will not be compromised but instead assure that you are going to compromise as much as you possibly can without putting the greek economy in danger? thank you. >> make one more. i mean subject to my imf friends in the room, there have been cases of arrangements conditional on future performance so, you know, it is not an undone thing that some payments are either refinanced or delayed. >> thank you very much. with sgcs. my question is follow-up to what all the colleagues said before. and, it goes to th essence of negotiations that are taking place. it seems to me, and you know, reading papers, trying to talk to some of the actors involved, that the piece that is missing is not so much the flexibility and trying to find a slightly different compromise on how to achieve the goals that you want to achieve but,. the lack of specificity. basically how i understand it, your e

madame la garden the next hour. betty: i know you will be addressing a lot with christine lagarde. the top of your mind when it comes -- in your conversation with her? what are you going to want to tackle the most? tom: front and center are the spreads widening out in greece the new tension within greece. the new mediocre, and to get an update on that. she calls it, where do we stand right now? i have to ask her, where do we stand in 2015 on a global recovery? betty: the imf, they released their forecast just the other day. it really didn't change much in the global forecast. here in the u.s., it seems like americans are feeling a little bit better about the economy, right? is there sort of a growing divide or gap or even more so between how the u.s. is headed and where the rest of the economy is? tom: that is a very, very important question. the inequality or the great divide occurring between the recovery haves and the recovery have-nots. what we can say for certain is every interview suggest the u.s. is leading the way with some assistance from other developed nations. there are