Lagarde argues Greek pension system is at risk without reforms

8 April 2016
842 Views

The International Monetary Fund’s general director Christine Lagarde insisted upon the need for debt relief and the implementation of reforms in Greece, on the sidelines of the Women in the World Summit.

Mrs. Lagarde argued that the Greek pension system was at risk unless the necessary reforms are carried out. When referring to the need for debt relief, she spoke of extending loan payments and reducing interest rates, rather than outright haircut or write off.

The IMF director also expressed her hope that there will be progress in the negotiations between the Greek government and institutions over the next few weeks.

You may be interested

Coronavirus Greece: 2,215 new cases, 451 intubated, 32 deaths
GREECE
shares51 views
GREECE
shares51 views

Coronavirus Greece: 2,215 new cases, 451 intubated, 32 deaths

makis - Mar 05, 2021

Greece announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,215, of which 15…

Great city routes to explore on foot in Athens
ART
shares55 views
ART
shares55 views

Great city routes to explore on foot in Athens

Panos - Mar 05, 2021

Athens reveals its best charms to those who put one foot in front of the other! Whether you’re looking to…

Jerusalem Post: Turkey tries insulting Egypt, Greece in imaginary maritime deal – Analysis
DEFENCE
shares64 views
DEFENCE
shares64 views

Jerusalem Post: Turkey tries insulting Egypt, Greece in imaginary maritime deal – Analysis

Panos - Mar 05, 2021

Turkey has invented a new “reconciliation,” after attempts to spread propaganda stories of “reconciliation” with Israel failed last year. In…

Leave a Comment

Your email address will not be published.