Economics
Lagarde Pursues `Good Faith' Greek Talks After Leaks Dispute
- IMF managing director says flexibility available to Tsipras
- Merkel rules out Greek debt cut while citing other options
IMF's Lagarde: Greek Talks to Continue in Good Faith
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International Monetary Fund Managing Director Christine Lagarde said she intends to negotiate “in good faith” with the Greek government, signaling her desire to move on from recent animosity over the latest review of the country’s aid program.
“We continue to be focused on addressing the Greek situation,” Lagarde said in an interview in Frankfurt Tuesday with Bloomberg Television’s Francine Lacqua. Talks are focused on restoring Greece’s financial stability to deliver debt sustainability, and to equip the economy with the structural reforms needed for the country to stand on its own two feet, she said.