IMF Chief Christine Lagarde:
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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