IMF's Lagarde urges Greece to implement fiscal program
International Monetary Find managing director Christine Lagarde says that Greece's road to recovery is to implement the fiscal adjustment program it agreed with its lenders.
Lagarde said that she could only repeat the message of "implementation, implementation, implementation" with regard to Greece.
"There is still a lot of work to be done," the IMF chief said of Greece, while praising interim Prime Minister Lucas Papademos for his work since November.
Lagarde told journalists in Washington that Greece's new bailout and the increase in the size of the EU's bailout fund had helped ease the European debt crisis but said that there were still threats to global economic stability.
"If I was to use a weather analogy, because we are all very fond of weather reports, we are seeing light recovery, and blowing in a spring wind," she said.
"But we are also seeing some very dark clouds on the horizon, which is another way to tell you there is a bit of a recovery, timid and a fragile situation with still high risks."