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The International Monetary Fund has ruled out striking a “quick and dirty” deal with Greece, after European leaders failed to reach an agreement over the country's future at a summit in Riga on Friday.  As Greece’s senior creditor, there have been fears the IMF is ready to pull the plug on another financial aid package unless a “comprehensive” agreement is reached with Athens soon.

Fund chief Christine Lagarde dismissed the prospect of a partial release of bail-out cash that would keep Greece solvent up until the autumn.   “It has to be a comprehensive approach, not a quick and dirty job,” Ms Lagarde told an audience in Rio. “I know there is a lot of work to be done. Parties are now working, receiving proposals, working in cooperation and we will continue to do so as fast as we can.”  Her comments came after Greek prime minister Alexis Tsipras met with his French and German counterparts on the sidelines of a European leaders summit in Riga.  EU did do a lot of work and meetings to keep greece in but giving money to a hole to fill it is a big mistake. Greece take money to pay for the debt which is own to the same bank and EU did play enough this bank role...Greece did a lot of work to survive but its state and government has no money but most of the Greeks have their own money taken from their banks which also must be filled by the EU.. If this game play longer than greece will eat the EU states too and still will need more money because euro it is still to strong and it did eat both greece and EU and maybe the rest of the world. Euro was built to destroy not build and unite and improve the EU life and structure. Euro must be half of the dollar to start changing things for good and that may happen after ECB print 10 trillions more....so ECB must continue printing,use Siberia forest,wood...In Riga today the EU gave the Ukraine a loan of 1.5 Billion Euros. The Ukraine wants to know a timeline of when It can expect to join the EU.  There were also draft discussions on the widening of the " Union " to include the other remaining entry candidates of eastern Europe to the EU including Georgia and Moldova.