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    European Central Bank Executive Board Member Benoit Coeure: the Greek exit from the Eurozone was “out of the question” | 23.04.2015

     

    The European Central Bank (ECB) Executive Board Member Benoit Coeure said on Wednesday that the Greek exit from the Eurozone was "out of the question".

     

     

    "The euro area needs Greece just as Greece needs the euro," he said. Coeure noted that "quick and decisive action by the Greek authorities" is needed.

     

     

    He pointed out that the ECB will continue to fund Greek banks as long as they remain solvent and have adequate collateral.


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