El-Erian Says IMF to Aid Greece After ‘Chicken’ Game

March 18 (Bloomberg) -- The International Monetary Fund will come to the rescue of debt-strapped Greece after a “game of chicken,” according to Mohamed El-Erian, co-chief investment officer at Pacific Investment Management Co.

“The IMF will come in, but it’s going to be a bumpy process,” said El-Erian, who is also chief executive officer of Newport Beach, California-based Pacific Investment Management Co., in an interview on Bloomberg Radio. “There is no immediate solution. Don’t underestimate the game of chicken between Greece, the EU and the IMF.”

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