World Economy

IMF Warns Greece

IMF Warns GreeceIMF Warns Greece

The head of the International Monetary Fund warned Greece that there would be consequences to restructuring its debt after elections where opponents of the country 240b euro bailout lead in the polls, Ekathimerini reported. “Defaulting, restructuring, changing the terms has consequences on the signature and the confidence in the signature,” IMF Managing Director Christine Lagarde said.