By Mick Krever, CNN

Action to save the euro is needed in “more shortly than three months,” IMF Managing Director Christine Lagarde told CNN’s Christiane Amanpour in an exclusive interview.

Lagarde’s tight deadline was a response to billionaire investor George Soros’ prediction that Europe has three months to save the euro.

“The construction of the eurozone has taken time,” Lagarde said. “And it’s a work in construction at the moment.”

Lagarde declined to predict whether Greece would exit the eurozone.

“It’s going to be a question of political determination and drive,” she said.

Lagarde came under fire recently for highlighting Greek tax evasion. She apologized that her comments were taken “in a very inflammatory way and created offence.”

“But equally,” she said, “I think that tax compliance is a necessary tool to restore any country’s situation – Greece, like others.” FULL POST