ECB’s Nowotny: Greece more political than economic question
Any solution to Greece’s financial woes is more of a political than an economic question, European Central Bank policymaker Ewald Nowotny said on Monday, as eurozone finance ministers meet to continue Greek debt talks.
Top officials have voiced little optimism about a breakthrough at the meeting. Nowotny declined to suggest a way out of the impasse, reiterating that the ECB’s role was to ensure price and financial stability.
Referring to Monday’s Eurogroup meeting he said: “It would be premature to give any details.” [Reuters]
