IMF's Lagarde Responds To Tsirpas: Calls Use Of Credit Event As Negotiating Tactic "Simply Nonsense"
After last night's oddly drafted letter by the Greek PM Tsipras (which contained a combination of typed text and scribbles) to IMF head Lagarde in the wake of the Wikileaks revelation which was interpreted by many, the Greek government included, that the IMF would seek a "credit event" to facilitate its debt-reduction negotiations with Angela Merkel, it was only a matter of time before the IMF officially responded to the Greek premier and population. She did so moments ago.
The highlights: