IMF not to support Greek repayment delay: Lagarde

‘The managing director of the International Monetary Fund (IMF) has dismissed reports that Greece is seeking to obtain a delay on its debt payments, saying the organization will not support such a move.

Christine Lagarde made the remarks during a press conference at the start of the IMF and World Bank spring meetings in Washington on Thursday.

“It’s clearly not a course of action that would actually fit,” Lagarde said, adding, “We have never had an advanced economy ask for payment delays.”‘

Read more: IMF not to support Greek repayment delay: Lagarde