IMF's Lagarde reiterates that restructuring Greece’s debt is essential

A restructuring of Greece’s debt is essential so that the future of the Greek economy can be sustainable, International Monetary Fund (IMF) Managing Director Christine Lagarde argued  in a statement to the Italian newspaper Il Sole 24 Ore.

Regarding Greece, she reiterated that the IMF’s position was “very clear” and that it has approved a stand-by loan in principle on the basis on certain elements, with chief among them being the need to restructure Greece΄s debt.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: World Economic Forum License: CC-BY-SA

Source: capital.gr

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