IMF chief: Greece must launch tough reforms for aid

International Monetary Fund chief Christine Lagarde says Athens must implement "significant reforms" to ensure IMF aid for the nation as German Chancellor Angela Merkel calls on the Washington-based group to remain part of Greek bailout efforts.

Merkel says she told Lagarde at a meeting in Berlin that Germany remains committed to the IMF being part of an aid package for Athens.

"We are on a reasonable way but we are not where we want to be," says Merkel about the steps to overhaul the Greek economy.

Last update: Tue, 05/04/2016 - 20:31
Author: 

More from Europe

Slovenia looks to capitalize on its connection to Melania Trump

As Donald Trump campaigned for the Oval Office, his Slovenian-born wife Melania did not receive much love and...

EC recommends Croatia's gradual integration into Schengen Information System

The European Commission on Wednesday made a recommendation to the Council of the European Union to gradually...

German president marks end of term with warning of risks to nation

German President Joachim Gauck marked the end of his term as the nation's largely ceremonial head of state by...

Biden: US, EU must fight Russian plan to destroy liberal world order

Russia is intent on dismantling the liberal world order, and the best way to stop it is a strong alliance between...

Russia extends Snowden's temporary residency by 'couple of years'

Russia has extended the temporary residency of fugitive US whistleblower Edward Snowden by a "couple of years,"...