Sign Up To The Free Email Newsletter!

Want to get notified whenever we produce the latest content ? Then subscribe now to start receiving hot updates from today.

Tuesday, May 15, 2012

Lagarde talks about the possibility of "orderly exit" of Greece from the euro zone

On : 4:20:00 PM
In :


Christine Lagarde


Addressed to the Director-General of the International Monetary Fund Christine Lagarde in Paris on Tuesday to the possibility of "orderly exit" of Greece from the euro zone, and that in an interview with television network, "Franz 24".


Lagarde said, "If you do not abide, it is assumed to do appropriate audits and this means that either additional funding and additional time or exit mechanisms should be structured in a departure from this case."


She added, "It's would be too expensive and will present significant risks, but part of the options, we find ourselves obliged to consider them technically."


Declared Socialist leader Evangelos Venizelos Greek Tuesday that Greece will go back to the legislative elections, will be held initially in a month, because of the failure of the leaders of political parties in the country in harmony to form a coalition government.


She Christine Lagarde "We undertook important reforms, and made some sacrifices, today it seems that everything revolves around the deep political dispute and this is actually very harmful Greek people."


The Director-General of the International Monetary Fund, "I hope that is resolved through settlement will allow progress in the field of respect for the program we will all certainly open to consideration of the margins, and not in the fundamentals," adding "in the basics, do not exist for 36 solutions, unfortunately."


Lagarde stressed that "that's up to the Greeks on the one hand, and the partners in the euro area on the other hand, to decide together about it."


And the granting of the IMF Greece in March a new loan worth 28 billion euros, after a loan worth 30 billion euros in May 2010, has been paid two-thirds of its value.

0 التعليقات:

Post a Comment