ECB's Coeure : Important that an agreement is reached at the Eurogroup meeting on June 15 regarding Greece

ECB's Benoit Coeure on the wires from Frankfurt:

  • It is essential for Greek authorities to continue to show a serious commitment to goals set
  • Discussions on medium term Greek debt measures and a new IMF program are expected to be concluded in weeks ahead
  • Clarity about debt measures is also a necessary condition for Greek government bonds to be potentially eligible and the ECB's public sector purchase program
  • Situation of Greek banks has improved

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