IMF head Lagarde says a Greek exit would probably not be an end to the euro

cep expert Matthias Kullas believes it is right that Lagarde is openly talking about a 'Grexit'

IMF managing director Christine Lagarde said in an interview with German daily Frankfurter Allgemeine that a Greek exit from the eurozone “is a possibility.” A ‘Grexit’ would not be “a walk in the park,”, but would "probably not be an end to the euro," Lagarde reckoned. The past months had shown that the Greek government of left-wing Prime Minister Alexis Tsipras is not willing to pursue the reform path of the previous conservative government, cep expert Matthias Kullas remarked. “Merely the Greek population's fear of the consequences of a ‘Grexit’ can dissuade the government from its resistance against reforms,” Kullas argued. “Thus, it can only be welcomed that the IMF head is openly talking about a possible exit of Greece from the eurozone.”