WASHINGTON (AFP) - The International Monetary Funds new Managing Director, Christine Lagarde, will make her debut under intense pressure this coming week, as Greeces financial woes pose an urgent challenge. The French executive is expected to land in Washington on Monday, the Independence Day holiday for the United States. She will officially begin work on Tuesday morning and hold a press conference Wednesday. A busy work agenda awaits, declared the IMF in its internal online magazine, while it stressed one of Lagardes most pressing items includes the difficult policy choices needed to help global recovery (and) address the euro area crisis. The global economy is being buffeted by continued uncertainty in Europe, uprisings in the Middle East, signs of overheating in some fast-growing emerging market economies, and rising commodity prices that pose a particular challenge for low-income countries, the publication added. But the Greek economic crisis eclipses all other priorities. In the immediate term, Greece is expected to receive 12 billion euros ($17.4 billion) from the eurozone and IMF by July 15 after the ministers approved the fifth tranche of aid from last years 110-billion-euro ($160 billion) financial rescue package. This round the IMFs share includes 3.3 billion euros ($4.7 billion), according to the schedule of payments laid out in May 2010. As part of a longer term strategy, the IMF must find a way to finance a country that in all likelihood will not be able to return to the markets for long-term borrowing in early 2012, as expected. In the Greek crisis, Lagarde transitions to the IMF zone from her eurozone duties as Frances former finance minister. Before securing the job, she promised she would hold the eurozone countries to the same standards as other member states. The IMF does not belong to anybody. It belongs to the 187 members of the Fund, and the management of the Fund does not belong to any particular nation or region. We cant effectively represent the worlds economic balance of power if certain economies are under-represented, she said. Lagarde has said that Greeks must make difficult but necessary adjustments to restore viability in their public finance sector and competitiveness to their country. This is about a countrys fate, its security. And I believe at that point, we have to ignore the small and big political differences for the service of the country, she said. In addition she said she wants to ensure some continuity from her predecessor, Dominique Strauss-Kahn. But the two do not hail from the same schools of thought. Strauss-Kahn is a Social Democrat while Lagarde is a moderate liberal. The 2008 Nobel Prize-winning economist Paul Krugman said the serious, responsible, and judicious Lagarde was still a mystery. Under Strauss-Kahn, the IMF was staking out a position as the least dogmatic, most open-minded of the major international organizations. Thats not saying too much, but it was much better than the madmen in authority at the OECD or the BIS, Krugman wrote on his blog. So the question is, will the IMF become more sensible under Lagarde? For the sake of the world economy, lets hope not.