‘Two moments’ when threat of Grexit felt close

'A lot of work has been done to consolidate and strengthen the Greek banking sector... I think the fact that a large foreign bank is taking an interest in a Greek bank is a clear indication that the sector has become more attractive,' ECB President Christine Lagarde (right) tells Kathimerini's Executive Editor Alexis Papachelas (left). [Nikos Kkkalias]

A few years ago, as the head of the International Monetary Fund, it would not have been easy for her to walk in central Athens, when Greece was in the midst of its government debt crisis. Today, a few days after her visit to Athens, Christine Lagarde, today head of the European Central Bank, declares that she is impressed by the "transformation" that the country has undergone.

However, she does not forget the most difficult moments of the Greek economic drama and narrates them to Kathimerini, along with her forecasts for the future of the global economy.

When you were in Athens last week, you talked about Greece's resilience and its phenomenal recovery capacity. Could you tell me how this happened? How did Greece become a success story?

When I look at the key performance indicators for assessing Greece's economic and financial situation, I see...

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