WASHINGTON (Reuters) – A day after Greece became the first developed country to default on a loan with the International Monetary Fund (IMF), the head of the lender International suggested that Athens must move towards reforming its economy before its European creditors give you a break.
In an interview with Reuters, the IMF managing director, Christine Lagarde, he was asked what should happen first: a commitment to reform Greece and its debt relief to governments in the euro zone .
“Given where we are, my suspicion is that it would be preferable to see a deliberate move towards reforms that will be followed by the other end of the spectrum,” Lagarde said.
The leftist government in Athens has been pressing for debt relief during months of negotiations with its European creditors and the IMF, as part of an agreement of cash in exchange for reforms before convening abruptly a referendum in Greece on the plan to its creditors for next Sunday.
A defiant Greek Prime Minister Alexis Tsipras, asked Wednesday to the Greeks reject the bailout deal, which considers further austerity measures, which wrecked the prospects of recompusiera relations with its European partners before the referendum can decide the future of Greece in the eurozone.
“We have no choice as to who represents a country,” Lagarde said when asked by the reliability of the Greeks. “And we believe all governments duly elected (…) as our legitimate negotiating partners”.
A day before his combative speech, Tsipras wrote a conciliatory letter asking for a new rescue it would accept many of the terms of the creditors.
Lagarde declined to comment on the latest offering from Athens.
“We have received so many ‘past’ deals that have been validated, invalidated, changed, amended in the course of recent days, it is uncertain exactly where the latest proposal stands,” he said.
“I think there is a democratic process underway and that should hopefully result in more clarity, less uncertainty about what the determination of the Greek people and what is the authority of the Greek government,” he said of the referendum .
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