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ECB Vice President Constancio Confident Worst-case Greek Scenario will be Avoided

Vitor Constancio
European Central Bank Vice President Vitor Constancio on Monday expressed his confidence to Dutch newspaper Het Financieele Dagblad that Athens and its creditors will agree a deal to avoid Greece leaving the eurozone.
“I am absolutely convinced that the worst-case scenario will be avoided,” he told the paper, according to Reuters news agency.
“Everyone acknowledges that the degree of stress and vulnerability in the euro area has totally changed. There are no signs of contagion,” he said, referring to the effects of the ECB‘s bond buying programme in mitigating concerns over Greece’s problems.
(source: ana-mpa)

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