Coeure (ECB): Eurogroup’s decision is not enough to give the QE to Greece
Benoit Coeure, member of the Executive Board of the European Central Bank, expressed the opinion on Wednesday morning in Frankfurt, that the decisions of the last Eurogroup did not sufficiently alleviate the concerns of the European Central Bank (ECB) on the viability of the Greek debt to include Greece in the quantitative easing program (QE).
In a conference on the international role of the Euro, the top ECB official pointed out that in the last Eurogroup “there were some thoughts” about the measures that could be taken next year regarding the Greek debt “but they are not very clear and in any case they are not a final decision”.
At the same time, he avoided commenting on whether Greece could return to the markets without the QE by referring to the Greek Ministry of Finance and the Public Debt Management Agency (ODIHR).
You may be interested
Greek state’s arrears to private sector again up in Oct. 2018; total reaches 2.61 bln€Panos - Dec 11, 2018
The state's arrears to the private sector increased in October 2018 - the last month for which figures are available…
Tsipras claims Greece promotes stability in region via Prespes Agreement with FYROMPanos - Dec 11, 2018
Pro-FYROM Rainbow party calls for Greece to introduce “Macedonian” language in public schools Commenting on the Prespes Agreement between Greece…
EU Mission chief for Greece Costello: Deep structural reforms must continue; Athens will meet 2019 fiscal targetsPanos - Dec 11, 2018
European Commission mission chief Declan Costello this week called on Athens to continue implementing structural reforms, especially ones dealing with…