IMF’s Lagarde Confident Europe will Stick by Promises to Greece
Friday, 11 October 2013
International Monetary Fund chief Christine Lagarde said she was confident that European authorities would stick by their commitments to give Greece additional debt relief if it meets fiscal targets set under its bailout programme, reuters reported.
"The European partners are committed to do certain things, and they have always reiterated those commitments, and we hope they will continue to do that, I have no doubt about it," Lagarde said, as quoted by Reuters.
Lagarde said one key issue is seeing progress in Greece's tax reforms.
"If new measures were needed (for Greece), I can tell you one thing is that it is not going to be in the form of additional fiscal measures, and it will not in the form of across the board, undifferentiated cuts in wages or pensions," she said.