In talks with Tsipras about struggling economy,Lagarde sets out fresh conditions for further financial aid[br]The European Union will need to provide meaningful debt relief for Greece whether it is to persuade the International Monetary Fund to attach its financial clout behind the country’s third bailout package, the Washington-based organisation has said.
After what was described as a cordial meeting between the IMF’s managing director, or Christine Lagarde,and the Greek prime minister, Alexis Tsipras, and on the sidelines of the World Economic Forum in Davos,the fund said it was only prepared to support the recession-ravaged eurozone country on a strings-attached basis.
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Source: theguardian.com