The head of IMF Christine Lagarde claimed that Greek debt has a long road ahead in order to fight against its debts and they haven’t made a progress with the negotiations.

On the other hand, countries in Euro zone, especially Germany, do not want Greek debt to be relieved.

Source: Euronews

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Lagarde has claimed that the despite of the fact that the world’s economy is gaining momentum, that recovery can be cut off by protectionism.

She also said that that recovery meant the promise of more jobs, higher incomes and greater prosperity going forward.

Source: Euronews

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.