Lagarde calls on central bank to buy bonds in eurozone
The International Monetary Fund is interested in a role in the design and monitoring of a plan by the European Central Bank to buy bonds issued by governments in the euro zone, Managing Director Christine Lagarde said on Sunday.
In a statement issued after attending the annual Asia-Pacific Economic Cooperation (APEC) summit in Vladivostok, Russia, Lagarde said that recently announced European policy steps "pave the way forward".
She added: "The priority is now coordinated implementation."
IMF Chief: Best scenario is for Greece to stay in eurozone
Christine Lagarde, Managing Director of the International Monetary Fund, said the best scenario for Greece is for it to stay in the eurozone but that requires it to abide by the terms of its bailout programme.
She added that it would be extremely expensive and hard for Greece and other countries if it were to leave the eurozone.