German Chancellor Angela Merkel and IMF Managing Director Christine Lagarde agreed that the Fund will participate in monitoring Greeces bailout program but disagreed on a debt haircut.
The two women met in Berlin on Tuesday during a conference of global economic leaders. Merkel said that a debt haircut for Greece was not possible as long as the country remains in the euro zone, adding that Germany wanted a quick conclusion of a bailout review, according to a Deutsche Welle report.
On her part, Lagarde said that the International Monetary Fund is reluctant to actively participate in Greeces third bailout without Europe promising debt relief for Greece.
Germany said that the issue of debt relief cannot be discussed…
Read the full article at: http://greece.greekreporter.com/2016/04/06/german-chancellor-imf-chief-agree-to-disagree-on-greek-debt-relief/