IMF’s Lagarde expresses ‘disappointment’ with Greece talks

International Monetary Fund head Christine Lagarde says she has briefed the IMF board on the “inconclusive outcome of recent discussions on Greece” and says the next few days will be important.

She says she shared her “disappointment and underscored our commitment to continue to engage with the Greek authorities.”

Lagarde said she welcomed promises by the eurozone’s finance ministers and the European Central Bank “to make full use of all available instruments to preserve the integrity and stability of the euro area.”

The IMF chief said she backed a balanced approach “to help restore economic stability and growth in Greece, with appropriate structural and fiscal reforms supported by appropriate financing and debt sustainability measures.”