FXStreet (Mumbai) – The European Central Bank (ECB) governing council member Benoit Coeure was on the wires via an article in Le Monde stating that it would be premature to start discussing end of QE.
On Greece
Coeure said restructuring Greek debt is no longer the question, but rather how to do it. He added further that Eurozone states are prepared for unprecedented financial solidarity towards Greece, but not at any cost. He expressed hope that risk of Grexit is now averted and the country shall have carry out reforms.
(Market News Provided by FXstreet)