IMF’ Lagarde: Debt relief will improve Greece’s medium term debt prospects

The International Monetary Fund (IMF) head Christine Lagarde believes the Greek debt relief deal will improve’s the nation’s medium-term debt prospects and added that the IMF will remain fully engaged in Greek post-bailout monitoring, according to Reuters News.  

Earlier today,  Eurozone finance ministers agreed a debt relief package for Greece and a new disbursement of EUR 15 billion as part of its current EUR 86 billion  bailout programme.