Greece has choices in its reforms – ECB’s P.Praet

FXStreet (Edinburgh) – ECB’s member P.Praet argued that the ongoing cyclical recovery needs constant appetite for reforms, adding that the Greek reforms must be sustainable and the country needs to overcome the current credibility problems derived from their implementation.

Furthermore, Praet emphasized that the European Central Bank has experience in dealing with crisis, while the current success of the QE programme encourages the central bank to keep the course.

ECB’s member P.Praet argued that the ongoing cyclical recovery needs constant appetite for reforms, adding that the Greek reforms must be sustainable and the country needs to overcome the current…

(Market News Provided by FXstreet)