Saturday, April 18, 2015

ECB: Consequences Greek crisis remains uncertain – Parool.nl

18-04-15 22:35 pm – Source: Reuters

Mario Draghi © epa

Europe is now more resistant to an escalation of the economic crisis in Greece a few years ago, but the actual consequences are difficult to estimate. That said the president of the European Central Bank (ECB), Mario Draghi, in Washington today.

“We are better armed than in 2010, 2011 and 2012,” Draghi said about the possible consequences of the Greek problems for the other euro countries. “We now have more tools available. Those are actually for other purposes, but can also be used in times of crisis. If the crisis continues, however, we come into unknown territory. It is too early to speculate about it. “

Draghi stressed that the Greek government repeatedly promises to fulfill its obligations. He called the Greeks therefore talks with lenders about the approach of the economy to continue as quickly as possible. An agreement with the euro countries must ensure that Greece can again count on emergency loans.

Washington Draghi took part in the spring meeting of the International Monetary Fund (IMF). Persistent problems while Greece were not explicitly on the agenda, but it cast a shadow over the meetings. For example, the US Treasury Secretary Jack Lew warned that a new Greek crisis by all the uncertainty that arises then, worldwide may affect economic growth.

IMF Christine Lagarde said topvrouw after the economic summit again that the euro countries and the Fund are flexible with respect to the measures that the Greek government can take to achieve the set economic goals. She said that while “everyone, on all fronts” should contribute to an agreement.

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