International Monetary Fund’s Lagarde offers Europeans Greek debt compromise

“If our creditors have not yet reached the point of respecting our reports and accepting them, if they need more time, we can take it into account and give it to them,” said Christine Lagarde, head of the International Monetary Fund (IMF), in an interview with Handelsblatt.

“There can therefore be a program in which the disbursement only takes place when the debt measures have been clearly outlined by the creditors,” she told the German newspaper.

“It is a possibility of an agreement,” she said, but stressed that she still considered a rapid agreement on debt relief as the “ideal solution”.