IMF Managing Director Christine Lagarde backs Greece's request for two more years to meet its...

|By:, SA News Editor

IMF Managing Director Christine Lagarde backs Greece's request for two more years to meet its fiscal targets. "This is what we advocated for Portugal...for Spain, and it's what we're advocating for Greece," Lagarde says at the fund's annual meeting. The IMF also reportedly wants Greek debt held by eurozone governments to be written down.