Greek crisis: Draghi demand “more work” on Greece – Point

The pressure still goes up a notch. The ECB President Mario Draghi has asked the Greek government “a lot more work.” We all want Greece to succeed “out of the crisis, he assured in Washington, however, stating that the eurozone was” better equipped in 2012, 2011, 2010 “if the situation worse.

The president of the European Central Bank speaking at the semi-annual meetings of the IMF and the World Bank. They were an opportunity for several high-flying financial executives to raise the pressure on Athens, demanding reforms and relativizing the economic impact that a deterioration of the situation.

Reforms “Figures”

Mr. Draghi has found it necessary to “re-establish dialogue,” while international creditors expect Greece list reforms before granting aid to the country 7.2 billion euros which it badly needs. The head of the ECB asked reforms “Figures,” and demanded that the government of the radical left Syriza be careful to “the budgetary impact” of its proposals.

Refusing to speculate on a default of Greece, stands almost certain to exit the euro, Draghi emphasized however that the eurozone was equipped with instruments to the risk of contagion, which “would be used in case of escalation of the crisis.” But he acknowledged that the eurozone would enter “unknown territory” if the Greek crisis worsened. Before him, the United States, Germany and France had complained too little progress in discussions on reforms in Greece.