As Head Of IMF, Christine Lagarde Would Take No Prisoners On This Greece Business


There will be no Mrs. Nice IMF Chief.

"I will not shrink from the necessary candor and toughness in my discussions with the European leaders," Ms. Lagarde said in her statement released by the fund. "There is no room for benevolence when tough choices must be made, and there is no option that does not start with difficult but necessary adjustments by the Greek authorities to restore the sustainability of public finances and to rebuild the country's competitiveness."