No 'Adults in the Room', IMF's Lagarde Says as Greek Debt Talks Fail

World » EU | June 18, 2015, Thursday // 21:14| Views: | Comments: 0
Bulgaria: No 'Adults in the Room', IMF's Lagarde Says as Greek Debt Talks Fail Photo by EPA/BGNES

There have been no results at the last-minute negotiations at a Luxembourg meeting of Eurozone finance ministers also attended by Christine Lagarde of the International Monetary Fund (IMF).

About 18:00 local time on Thursday, the meeting ended without yielding any results.

Eurogroup head and Dutch FM Jeroen Dijsselbloem said the group is prepared for "eventualities" if no agreement can be reached.

IMF Managing Director Christine Lagarde for her part was heard saying that the dialogue could continue only with "adults in the room", according to the Guardian, in an apparent reference to Greek Finance Minister Yanis Varoufakis and Athens' insistence not to accept conditions set by international lenders.

Experts believe Greece might have to default on its debt and potentially exit the Eurozone if no deal is reached by the end of June.

Eurozone leaders are now set to meet Monday for an extraordinary session dedicated to Greece.

Thursday's schedule of the meeting was also surprisingly amended putting Greece last on the agenda.

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Tags: christine lagarde, IMF, Yanis Varoufakis, greece, default, debt, Eurozone, euro, Eurogroup, Jeroen Dijsselbloem
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