BUSINESS

Joining QE ‘not crucial’ for Greece, PM says

TAGS: Finance, Economy

Prime Minister Alexis Tsipras has said that being included in the ECB’s quantitative easing (QE) program is no longer key for Greece.

"I think we will join the program but it's not so crucial for us, as we believed before," Tsipras told CNBC late Tuesday.

"Our estimation before the second [bailout] review was that QE was key in order to access the market, but it wasn't true. The developments showed that it wasn't a precondition," Tsipras was quoted as saying on the sidelines of a conference in Athens.

"There's no… goal to access QE before the end of the program," Tsipras said, according to CNBC.

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