International Monetary Fund (IMF) Managing Director Christine Lagarde: the IMF is not ready yet to take part in the third Greek bailout programme

Market news

15 January 2016

International Monetary Fund (IMF) Managing Director Christine Lagarde: the IMF is not ready yet to take part in the third Greek bailout programme

International Monetary Fund (IMF) Managing Director Christine Lagarde said in an interview with the German Süddeutsche Zeitung on Friday that the IMF is not ready yet to take part in the third Greek bailout programme, adding that the IMF will probably only decide in the spring whether to take part or not.

She noted debt sustainability and progress on Greek pension reforms would be key.

U.S.: PPI excluding food and energy, Y/Y, December 0.3% (forecast 0.3%)

Foreign exchange market. European session: the euro traded higher against the U.S. dollar after the release of the positive trade data from the Eurozone

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