Handelsblatt Exclusive

IMF Head Offers More Time in Greece Debt Talks

IMFC finance ministers and governors meet at IMF and World Bank Meetings in Washington
Have they buried the hatchet? Picture source: Reuters

The managing director of the International Monetary Fund, Christine Lagarde, is willing to participate in a Greek bailout and give European creditors more time to settle an ongoing dispute over debt relief, she told Handelsblatt in an exclusive interview.

“If the creditors are not yet at that stage where they can agree on and respect our assumptions, if it takes them more time to get there, we can acknowledge that and give them a bit more time,” she said (see transcript below).

Ms. Lagarde said that the IMF would be able to lend its name to the next bailout round, but added that an actual payout of funds by the Washington-based lender would continue to be tied to the approval of debt relief.

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