The Presidential Daily Brief

Important

  1. Christine Lagarde

    ‘There Is Potential’ for Euro Grexit

    But they don’t need to pack their bags just yet. IMF head Christine Lagarde says Athens can have a three-week extension to drum up the $1.75 billion they owe, pushing their deadline to the end of June. Eurozone creditors have shown increasing irritation with the lack of progress in bailout negotiations — not to mention Greek claims of a pending deal that Lagarde says is not imminent. But she offered reassurances to other Europeans, noting that a Grexit would certainly not bring down the euro.

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