Sunday, May 29, 2011

Lagarde Says Greece Needs ‘Support’ Instead of Debt Restructuring










Christine Lagarde, French finance minister and a candidate to head the International Monetary Fund, said Greece needs “support” and its debt shouldn’t be restructured.

“It’s essential that we retain a balance,” Lagarde said today on Europe 1 radio. “Greece has made significant efforts and we have to support those efforts,” she said.

BLOOMBERG