IMF Chief Christine Lagarde:

Greece would suffer if leaves euro zone

GMT 02:01 2015 Saturday ,11 April

Arab Today, arab today Greece would suffer if leaves euro zone

IMF chief Christine Lagarde
Washington - Arab Today

Greece would suffer if it defaulted on its payments and was forced to exit the euro zone, while the currency bloc is better able to withstand such a shock than it was four years ago, the chief of the International Monetary Fund (IMF) said Thursday.

I think it would be a terrible situation for the Greek people,IMF Managing Director Christine Lagarde told CNBC financial television in response to a question about a potential Greek exit from the euro zone.

Lagarde said the euro zone now is in a less vulnerable position because of its banking union and strengthened fiscal union.
Source: SPA


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