Draghi: ECB will assess Greek debt sustainability after discussions completed

Thursday, 20 October 2016 18:10
UPD:18:24
REUTERS/FRANCOIS LENOIR

European Central Bank (ECB) President Mario Draghi was asked about Greek debt relief on Thursday, merely noting that when discussions are completed the ECB’s governing council will assess the debt’s “sustainability”.

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European Central Bank (ECB) President Mario Draghi was asked about Greek debt relief on Thursday, merely noting that when discussions are completed the ECB’s governing council will assess the debt’s “sustainability”.

“…discussions about debt sustainability are continuing. The governing council, when the time will come will assess in an independent way, about the debt sustainability… Immature to speculate about debt purchases,” he told reporters in Frankfurt following the ECB’s October governing council meeting.

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