European Central Bank Executive Board member Yves Mersch urged Greece on Friday to push on with reforms to bring the country back to growth without relying on more debt relief.
Greece’s debt problems marked the beginning of the eurozone’s debt crisis in 2010. The country had to be rescued by international lenders in exchange for tough reforms.
Mersch said Greece needed to stick to them. “If the authorities fail to address the remaining challenges, they will put at risk what has already been achieved,” Mersch told a conference in Athens. [Reuters]