July 9, 2015 – The head of the International Monetary Fund (IMF) yesterday reiterated that the global financial institution cannot bend its rules when it comes to Greece, striking a somber tone in commenting on the “acute crisis” in the eurozone country.
“The IMF has been adopting a line of not silence, but we try to be mindful of developments and not be excessive in our positions,” IMF Managing Director Christine Lagarde said at the Brookings Institution think-tank in Washington, DC.
“Greece is in a situation of acute crisis, which needs to be addressed seriously and promptly,” she said, adding that the IMF would be “fully engaged” in helping to find a solution.