Calamos Supports Greece
GreekReporter.comGreek NewsEconomyECB Head Mario Draghi Puts QE on Hold

ECB Head Mario Draghi Puts QE on Hold

“Until sufficient details are given on debt-related measures, serious concerns remain about the sustainability of Greek government debt,” noted ECB head Mario Draghi.

In a letter responding to a question by Mr. Nikolaos Choudis on whether a debt sustainability analysis has been made by the ECB and what the conclusions were, Mr. Draghi said that “the ECB staff is not currently in a position to complete a fully-fledged DSA analysis of Greece’s public debt.”

Mr. Draghi expressed his belief that other factors will be taken into account in making such a decision and that Greece’s prospects for recovery of the Greek economy must be improved.

See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!



Related Posts