IMF's Lagarde offers eurozone Greek debt compromise, Handelsblatt says

International Monetary Fund Managing Director Christine Lagarde has offered Greece's European creditors a way out of their impasse over Athens's debts that would allow the eurozone to release a tranche of aid later this month.

The IMF believes Greece needs a debt haircut, which Germany rejects. Lagarde suggested agreeing a deal whereby the IMF would stay on board in the bailout, as Berlin wants, but not pay out further aid until debt relief measures are clarified.

"There can therefore be a program in which the disbursement only takes place when the debt measures have been clearly outlined by the creditors," she told Handelsblatt in pre-released comments to run in its Tuesday edition.

The compromise could allow eurozone finance ministers to give the go-ahead for their next payment of their tranche of aid at their meeting on June 15, Handelsblatt said.

"It...

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