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"What are the consequences if the IMF says "hey this is not OK"?"

They don't say that for the moment, but they reserve the right to do so in the next round of negotiations.

I don't know if the complete Lagarde letter has already been linked to on one of the different threads here, but here is the whole package of statements and letters as pdf in English and German for the Bundestag's information. Lagarde's letter is on page 20. She definitely still claims veto power.

by Katrin on Wed Feb 25th, 2015 at 04:49:52 AM EST
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