ECB: Possible Greek participation in QE possible if progress sustained

Outgoing European Central Bank (ECB) President Mario Draghi on Monday told European Parliament deputies that Greece can be included in the revised QE stimulus program if its continues to show economic progress and implement reforms, naftemporiki.gr reports.

“I am pretty confident that if things continue to move in this way and the progress continues to be significant on the path of reform, there will conditions that Greece can participate in QE but progress has to be made, (it) has to continue,” Reuters quotes Draghi as telling members of the Europarliament’s committee on economic affairs.

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

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: World Economic Forum

+ posts

Subscribe to our Newsletter

Follow Us

NEWS FEED

Visit Vavoulas Website
Amaronda Hotel — Book Online