PM to CNBC: ECB’s bond-buying program no longer crucial for Greece

The Greek government no longer believes that stimulus from the European Central Bank (ECB) is crucial for the economic recovery in Greece, Prime Minister Alexis Tsipras argued to the CNBC.

“I think we will join the (quantitative easing) program but it’s not so crucial for us, as we believed before,” Tsipras noted on Tuesday night.

“Our estimation before the second (bailout) review was that QE was key in order to access the market, but it wasn’t true. The developments showed that it wasn’t a precondition,” Tsipras told CNBC, speaking on the sidelines of a the AmCham conference in Athens.

Read the full interiew here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: DaveOinSF~commonswiki License: CC-BY-SA

Source: thenationalherald.com

 

 

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