Greece should remain in the eurozone; and the resolution of this issue is of geostrategic importance for the European Union, Lagarde said.
Greece was particularly hard-hit by the aftereffects of the 2008 economic crisis, quickly going into a multibillion debt due, in part, to lending practices of the International Monetary Fund, the European Union and the European Central Bank.
The country must implement unpopular economic reforms to receive additional financial aid. The reforms must be enforced prior to the June 30 expiry of the existing bailout plan.
On Tuesday, media reported that Greece's creditors had drafted a deal to unlock a bailout package for the country’s government.