IMF’s Lagarde says Greece should not delay payments

April 16, 2015 9:23 PM

52 0

IMF’s Lagarde says Greece should not delay payments

WASHINGTON: The head of the International Monetary Fund on Thursday signaled that the IMF would not agree to let Greece delay a scheduled bailout payment, saying the Fund needed to protect its sterling reputation as a global lender.

Greece is fast running out of cash and its euro zone and IMF lenders have frozen bailout aid until the new leftist-led government in Athens reaches agreement on a package of reforms.

Also read: Europe must find way to grow even when rates rise: ECB's Coeure

Read more

To category page

Loading...