During a virtual press conference, IMF Managing Director Christine Lagarde outlined 4 necessary requirements for the new Greek bailout program to succeed. Realistic fiscal targets; structural reforms; sufficient funding, and a significant debt relief. She claimed the Eurozone as a whole was showing signs of recovery and positive prospects, despite concerns over Greece. Lagarde made it clear that the Greek government must ‘own’ the program, adding that ‘at the end of the day what matters is actions and not words’.