The President of the European Central Bank, Christine Lagarde spoke to SKAI, among other things, about the special moments she remembers from the period of the Greek crisis
He spoke about the special moments he remembers from the period of the Greek crisis, among other things, the President of the European Central Bank, Christine Lagarde, to SKAI.
She is in Athens ahead of tomorrow’s ECB Governing Council meeting.
Here is the relevant part from the interview:
Co. Kosioni: Looking back, how do you feel about the Greek crisis and if you could change anything in the “recipe” of the IMF and the EU? for Greece, what would that be?
Christine Lagarde: My best “recipe” would be for the euro area, in addition to a monetary union, to be a fiscal union, a banking union and a capital markets union. I think that would fundamentally change, in a drastic way, the way the crisis developed and was dealt with. But we cannot rewrite history.
Co. Kosioni: My last question is a bit personal. Is there a particular moment you remember from that period?
Christine Lagarde: Two moments I will never forget. One is an Easter Sunday that I spent in Washington, in my office at the IMF, together with the then finance minister of Greece. And for me, Easter is important. It’s a celebration. And being stuck at my desk for 11 hours talking was serious. It wasn’t the ideal way to spend Easter Sunday, but it had to be done. The second is probably the 13th of July 2015, the day before the Bastille Day in France, where we spent the whole day and most of the night with the leaders of the Eurozone and the Prime Minister of Greece looking for a way out, which had to it is Greece’s exit from the crisis, but with its stay in the euro zone.
Source: Skai
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