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26 Jan 2015
Greece's New Govt Has To Tackle The Structural Problems - ECB's Weidmann
FXStreet (Mumbai) - German Bundesbank President and European Central Bank policymaker Jens Weidmann said on Sunday that Greece would have to stick to its agreements in order to continue receiving necessary aid.
Speaking for German public TV, he added: "I believe it's also in the interest of the Greek government to do what is necessary to tackle the structural problems there."
"I hope the new government won't call into question what is expected and what has already been achieved," Weidmann continued.
Greece's leftist-party Syriza came out as a clear winner over the ruling New Democracy party and is expected to form a new coalition government with ANEL by early Wednesday.
Speaking for German public TV, he added: "I believe it's also in the interest of the Greek government to do what is necessary to tackle the structural problems there."
"I hope the new government won't call into question what is expected and what has already been achieved," Weidmann continued.
Greece's leftist-party Syriza came out as a clear winner over the ruling New Democracy party and is expected to form a new coalition government with ANEL by early Wednesday.