Germany Urges Greece to Win Over ECB in Quest for Funding
ECB: Early Recovery Phase, High Uncertainty
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Germany’s top envoy for Europe urged Greece to end its spat with the European Central Bank, saying ECB President Mario Draghi is an ally in the country’s struggle for funding.
Deputy Foreign Minister Michael Roth said he made the point in talks with Greek government officials in Athens this week. Confrontation with the ECB won’t help Greece and it would be “disastrous” if Europe failed to put the country on the path to prosperity, he said in an interview in Berlin.