Christine Lagarde, the head of the International Monetary Fund, said Thursday that she counted on euro-zone countries to support the Greek effort to bring down its debt to sustainable levels.
Talking to reporters in Washington, Lagarde said the Europeans have promised to “consider any additional measures and assistance needed” as long as that Greece delivers on its commitments.
“What form those further measures and assistance will take will certainly be discussed at a later stage,” she added.
Together with the European Commission and the European Central Bank, the IMF is providing emergency loans to Greece after a sovereign debt crisis threatened to lead to the default of the euro-zone country. In a report published Wednesday, the IMF identified a potential financing gap of $14.5 billion on Greece’s program.
The managing director of the IMF said Thursday that Greece has made considerable efforts to comply with its program commitments. “Not all of them have been delivered upon, but there has been considerable effort and results,” Lagarde said.