Reuters
FRANKFURT, May 31 (Reuters) - Greece's massive debt pile is
undermining confidence so European officials need to reach a
deal on June 15 to cut it and kick-start the only economy in the
euro zone still contracting, European Central Bank board member
Benoit Coeure said on Tuesday.
"Discussions are ongoing, but in my view it is important
that an agreement is reached at the Eurogroup meeting on 15
June," Coeure told a conference.
"Being sufficiently clear on the measures today would help
frontload many of the beneficial effects, in particular the
rebuilding of confidence of both the international and...Read the full article at: http://www.nasdaq.com/article/greece-needs-debt-relief-deal-on-june-15-ecb-20170531-00129