• European Central Bank Governing Council Member Ardo Hansson: the central bank is ready to implement policy measures if Greece leaves the Eurozone

Market news

9 July 2015

European Central Bank Governing Council Member Ardo Hansson: the central bank is ready to implement policy measures if Greece leaves the Eurozone

European Central Bank (ECB) Governing Council Member Ardo Hansson said on Thursday that the central bank is ready to implement policy measures if Greece leaves the Eurozone.

"We are forced to deal with this possibility more and more because the probability of such a scenario has, unfortunately, increased over time. We can use a wide range of non-standard monetary policy measures and close cooperation with other central banks. We are prepared to implement these capabilities if needed," he said.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.