– “The recovery is proceeding at a moderate pace but should expand.” This was announced by ECB President Mario Draghi , in hearing the Commission Statement of Financial Parliament . According to Draghi, “the projections are for growth of 1.5% in 2015, 1.8% in 2016 and 2.0% in 2017″. “We expect that the ‘Inflation will remain low in the months to come,” he added.
As for the Greek situation, so that the ECB should review the cap on purchases of T-bills Greek “there should be a credible prospect of a positive the end of the current revision” of the program and its “consequent implementation, which would involve the payment of funds from the eurozone countries “, said the Chairman of the Eurotower.
With the release of Athens from the euro,” we would enter into a land unknown “, because if even after the latest reforms of the financial system there are tools to handle the situation in the short,” in the medium to long term what would be the consequences for the EU? This we can not predict it. “
” The economic situation in Greece is dramatic “but” is not the responsibility of the Eurozone or European institutions, “he said recalling 223 billion of loans bi and multilateral, “the most Ela”, “more money from the IMF”, “more than the haircut of 53.3%.” “At the moment we can not predict or imagine the consequences in the long term” a Grexit.
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