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Former U.S. IMF Director On Greek Bailout: 'Tough' But Necessary

Meg Lundsager, former U.S. executive director of the International Monetary Fund, calls the deal that was reached overnight between Greece and its European creditors a tough haul that the Greek government now has to sell to its people.

She discussed the new bailout agreement with Here & Now’s Jeremy Hobson.

“What the Greeks won was a clear signal that the rest of the Europeans want to keep them in the Eurozone. But what the Greeks lost is that the Europeans want to keep the Greeks in on European terms,” Lundsager said.

Guest

  • Meg Lundsager, public policy fellow at the Woodrow Wilson International Center for Scholars in Washington D.C. and former U.S. executive director of the IMF.

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