10-02-2015 15:50 via news.yahoo.com

ECB's Weidmann urges Greece to make "credible" reform effort

European Central Bank Governing Council member Jens Weidmann told Reuters on Tuesday that Greece needed to make a credible effort to get back on its feet via solid public finances and a more competitive economy. "I am firmly convinced that Greece can only solve its problems in the long run by making its public finances solid and its economy more competitive," he said in an interview on the sidelines of a meeting of G20 officials in Istanbul. "But of course, at the end of the day, they need to ma
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