Now, the official IMF position is that countries can impose certain kinds of capital controls, in certain circumstances.

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The IMF's position on capital controls is more nuanced than you imply.

CNN: REFORM IS CRUCIAL

However, our correspondent says that Ms Lagarde's position at the IMF could be in jeopardy if she is placed under formal investigation.

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It is certainly the case that Spain is not in the same position as Greece, but the troika of the EU, IMF and European Central Bank will be overseeing their banking sector.

BBC: Eurozone crisis: North versus South

Speaking at Omonoia Square downtown Athens, the leader of the leftist SYRIZA party Alexis Tsipras re-iterated his position that this election is a referendum on the EU-IMF Memorandum, and his pledge to declare it void, if he wins the election.

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The IMF paper said moving the budget to balance would put the U.S. in a better position to deal with the massive fiscal pressures it will face as the baby boom generation starts to retire this decade, Reuters news agency reported.

CNN: IMF: U.S. needs to balance budget

"Later today or tomorrow morning the party will announce its position, " said Carlos Moedas, who took part in the meeting with European officials and the IMF.

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And what also has been the previously articulated position of the administration is that we do not believe at this point that additional American resources into the IMF is something -- that is not something that is being considered right now.

WHITEHOUSE: Press Briefing by Deputy Press Secretary Josh Earnest