The IMF again steers a different course
- Written by E.Tsiliopoulos
Greece has overcome difficulties and is on course for growth, International Monetary Fund (IMF) managing director Christine Lagarde told Australian state TV channel ABC.
"We can celebrate the fact that Greece is finally coming out with a primary surplus, which has not happened since 1943 [sic/1948], from my recollection," Lagarde said.
She admitted there have been miscalculations and a wrong approach, but this was partly due to the fact that "numbers were largely in excess of what had been represented".
The IMF chief spoke of a "long journey" with huge sacrifices on the part of the Greeks, but the harsh measures were necessary, she said, so as to help the Greek economy recover.
Tagged under
Related items
-
Tourism Minister Kefalogianni meets new Japanese Ambassador Koichi Ito
-
Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13
-
Hatzidakis in Washington for IMF and World Bank meetings
-
Erdoğan flies off the bat: "Israel surpassed Hitler, it is a state of terrorists"
-
IMF: Reduction of Greek public debt to 158.8% of GDP in 2024—Primary surplus of 2.1%
Latest from E.Tsiliopoulos
- Tourism Minister Kefalogianni meets new Japanese Ambassador Koichi Ito
- Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13
- Turks flock to Greek islands after vis-on-arrival process
- Hatzidakis in Washington for IMF and World Bank meetings
- Erdoğan flies off the bat: "Israel surpassed Hitler, it is a state of terrorists"