The general director of the International Monetary Fund Christine Lagarde was ambiguous in her statements regarding the five-way meeting that was held in Berlin on Monday evening.
While the IMF is reportedly concerned about Athens’ ability to achieve its ambitious primary surplus goals and repeatedly asks for reassurances from Eurozone governments to agree on a restructure of the Greek debt, in case a reliable reform program is not implemented, Mrs. Lagarde’s position at Tuesday’s executive council meeting update “clouded the waters”.
According to Mega Channel’s correspondent in Washington Michalis Ignatiou, the IMF director made a “tactical retreat” regarding the debt restructure, however she managed to “confuse” the IMF board members, as it was not clear what stance the Fund would adopt regarding the Greek debt and how it would contributed towards a third bailout package.
The IMF board meeting was unofficial and there was a huge pressure to avoid any leaks, with Mrs. Lagarde demanding from all board members to maintain the confidentiality.
