Christine Lagarde supports Eurobonds.
I was more pointing to the sentiment that if Angela Merkel was gone Europe would be a happy place where Greece was supported and growth, whatever that means, would be an easy option to save the Euro with no costs to anyone. The Lagarde comment I was thinking of was from: http://www.guardian.co.uk/world/2012/may/25/payback-time-lagarde-greeks
At this point I wouldn't be surprised if EU leaders would more prefer to see Greece slide into the sea then bother renegotiating bailouts for the thousandth time.
Growth is always an easy option with no costs to anyone. Contrary to popular belief, the size of the pie is more important than how it is distributed. There is no way that you can divide the pie that will make everyone happy, but you can grow the pie (what is meant by "growth"), and by this not-so magical process by which humanity lifted itself out of the stone age, solve this economic crisis (and all other modern economic 'crises', which in developed countries are one and all, without exception, self-inflicted).
Lagarde is simply saying the Greeks should pay their taxes. I'm sure the EU leaders are terrified of Greece 'sliding into the sea', for it would mean that their own countries would soon follow. Kind of like how it's not good when a mountain climber falls off the mountain, if he's tied to the other 15 climbers.
