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15 December 2017
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The worst-case scenario will be avoided

04 May 15 | Vitor Constancio
Vitor Constancio

COMPANIES

Solum Property Solutions

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

Savills

Consultant - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
European Central Bank Vice President Vitor Constancio on Monday expressed his confidence to Dutch newspaper Het Financieele Dagblad that Athens and its creditors will agree a deal to avoid Greece leaving the eurozone.

 

"I am also absolutely convinced that the worst-case scenario will be avoided," he told the paper, according to Reuters news agency.

"Everyone acknowledges that the degree of stress and vulnerability in the euro area has totally changed.

There are no signs of contagion," he said, referring to the effects of the ECB's bond buying programme in mitigating concerns over Greece's problems.

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