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...the central bank had given to the Greek parties a list called the Lagarde list (for Christine Lagarde, head of the IMF)... ...So, in effect, the troika--not the troika, the finance ministers, really, are backing the tax dodgers and the crooks in Greece that SYRIZA is trying to move against, whereas the IMF is actually, for once, taking a softer position towards the whole thing...
...So, in effect, the troika--not the troika, the finance ministers, really, are backing the tax dodgers and the crooks in Greece that SYRIZA is trying to move against, whereas the IMF is actually, for once, taking a softer position towards the whole thing...
To clear up his misunderstanding: when the Lagarde list was born in 2010, Lagarde was still the finance minister of France, not yet the head of the IMF. So the list wasn't a sign of the IMF's softness at all; and, as told in the Die Zeit article discussed upthread, it was just the IMF's bureaucrats who advised the Greek government against bringing charges against the tax cheats. *Lunatic*, n. One whose delusions are out of fashion.
Another reason is that the EU (ECB, Council, Commission) public discussion focused on debt service and budget cuts rather than the substance of the "reforms" enforced at gunpoint, and not just the IMF research division but the IMF top leadership was more flexible on that.
This may be the reason why IMF was left out. Finance ministers fear debt cuts because they don't want to sell them to voters while compromizing on "reforms" won't cost them anything. Not having IMF in let them choose whether to compromize on debt or on reforms.
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