Speaking to the German newspaper Frankfurter Allgemeine Zeitung, the head of IMF said this out “would not be a walk in the park “but” probably not “mean the end of the euro.
(Reuters) .- The Managing Director the International Monetary Fund ( IMF ) told a German newspaper that the exit of Greece from the euro zone is possible, but you probably would not be a sign of the end of the single European currency .
A comprehensive solution to the debt problems of Greece was “very unlikely” in the coming days, Christine Lagarde said the newspaper Frankfurter Allgemeine Zeitung, according to the interview.
The sayings contradict statements by Greek officials, who have said they believe they are close to an agreement.
“An output of Greece is a possibility,” Lagarde told the newspaper. The head of IMF added that this step “would not be a walk in the park” but “probably not” mean the end of the euro.
After positive signs of Athens 10 days ago, said, lenders of Greece -the IMF and the European Union – have noted that much work remains to be done.
The Greek government expects to reach an agreement on Sunday with its creditors cash in exchange for reforms. But after months of tortuous negotiations advances are not without a pact Athens risks falling into a debt moratorium in a matter of weeks.
Lagarde also ruled guarantee new loans to the country if there is no agreement clear reform.
“We have rules, we have principles. It can not be an oversight backed half of the program, “he told the paper, adding that this is not something that can be done from one day to the morning.
The official also said he did not think the IMF was responsible for keeping Greece in the euro area. Europe depended take precautions if the EU wanted to avoid the threat of bankruptcy of the country, he said.
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