La­garde: IMF fi­nanc­ing not nec­es­sary for Greece

Kathimerini English - - Focus -

In an ex­clu­sive in­ter­view with AFP at the begin­ning of her se­cond five-year term lead­ing the In­ter­na­tional Monetary Fund, Chris­tine La­garde said the IMF is will­ing to con­tinue fi­nanc­ing Greece, as long as it pro­ceeds with its re­forms, but the coun­try can make it even with­out the Fund’s money: “The In­ter­na­tional Monetary Fund is a con­ve­nient scape­goat in Greece. We would fi­nan­cially en­gage if un­der a rea­son­able hy­poth­e­sis of growth, there are se­ri­ous re­forms im­ple­mented, and if we con­clude that the debt is sus­tain­able. But there are other op­tions and ‘no money’ from the IMF does not nec­es­sar­ily mean a bad eco­nomic out­come for

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