bundesbank chief greece insolvency risk increasing by day
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Bundesbank chief: Greece insolvency risk increasing by day

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Arab Today, arab today Bundesbank chief: Greece insolvency risk increasing by day

German central bank or Bundesbank
Frankfurt - Arab Today

The risk of Greece becoming insolvent is "increasing by the day," the head of the German central bank or Bundesbank, Jens Weidmann, said on Thursday.

"There is a strong determination to help Greece ... But time is running out, and the risk of insolvency is increasing by the day," Weidmann told a London investment seminar as Greece and its European partners intensify efforts for a bailout deal to prevent Athens from defaulting.

 

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