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Nowotny on Greece: „We Do Not Have Unlimited Time“

Published: July 9, 2012; 16:00 · (Vindobona)

Ewald Nowotny, the governor of OeNB (Austrian Central Bank) is concerned about the Greek austerity program.

Nowotny on Greece: „We Do Not Have Unlimited Time“ / Picture: © Agenda Austria 2020

At the Ecofin meeting in Brussels, the development in Greece will be discussed today and tomorrow. After the new Greek Prime Minister Antonis Samaras had admitted to have failed the austerity targets and to need more time to fulfill the requirements of the creditors, OeNB´s governor Ewald Nowotny expressed his concerns.

Nowotny underlined the massive lack of reforms in Greece…

This article includes a total of 255 words.

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