Coeure: The agreement reached by the Eurogroup isnt perfect

Monday, July 10th, 2017
Last Update: 09:16

ECB Board Member Mr. Coeure during an interview said that the agreement reached by the Eurogroup in June isn’t perfect, because it doesn’t provide a clear answer to the issue of Greek debt sustainability, but it will enable the economy to stabilise and investment to return.

Mr. Coeure also said that that if political uncertainty and uncertainties around the implementation of the aid package disappear.

“I am sure that Greece will be able to benefit from a strong cyclical recovery that will ultimately enable it to consider its model for future growth. The time has finally come to ask these long-term questions”.

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