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ECB's Draghi: The ECB Cannot Do Full Greek Debt-Sustainability Study
ECB's Draghi: The ECB Cannot Do Full Greek Debt-Sustainability Study
— LiveSquawk (@LiveSquawk) June 26, 2017
Added at 10:07am
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Letter from the ECB President to Mr Nikolaos Chountis, MEP, on the Greek adjustment programme
Honourable Member of the European Parliament, dear Mr Chountis, Thank you for your letter, which was passed on to me by Mr Roberto Gualtieri, Chairman of the Committee on Economic and Monetary Affairs, accompanied by a cover letter dated 31 May 2017. With regard to your question on whether the European Central Bank (ECB) has concluded its own debt sustainability analysis (DSA) and, if so, what the main conclusions were, please be informed that the ECB staff is not currently in a position to complete a fully-fledged DSA analysis of Greece’s public debt. Indeed, while we take note of the Eurogroup discussion, which ... (full story)
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