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Wednesday, June 24, 2015

IMF's Lagarde says Greek plan can't be based only on tax pledges

Greece must present credible reform plans and they cannot be built only on promises of more tax revenues, International Monetary Fund chief Christine Lagarde said in an interview published by French magazine Challenges on Wednesday. Lagarde said a Greek economic recovery would require not only Greek reforms but also steps by European creditors to make Greece's debt sustainable.


READ THE ORIGINAL POST AT uk.news.yahoo.com