Pages

Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Thursday, May 28, 2015

Grexit is a possibility, warns head of IMF

Christine Lagarde says deal with Athens is unlikely in next few days, after Greece’s lead negotiator claimed high-level intervention was needed in talksThe head of the International Monetary Fund has warned that a Greek exit from the eurozone is a “possibility” as debt talks reach a critical stage.Christine Lagarde said a deal with Athens was unlikely to be reached over the next few days, as the indebted country strives to meet a 5 June deadline for a €305m (£218m) payment to the IMF. In an interview with the Frankfurter Allgemeine Zeitung, the IMF managing director said: “A Greek exit is a possibility.” Related: Creditors doubtful as Greece predicts bailout deal by Sunday - live updates Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com