ECB's Liikanen believes Slovenia, Portugal will stick to reforms - report
HELSINKI (Reuters) - European Central Bank governing council member Erkki Liikanen was quoted on Friday as saying he was optimistic that Slovenia and Portugal would carry out necessary economic reforms.
"Slovenia's banking sector is just about the size of the country's GDP, I have no doubt they can fix the problem," Liikanen said in an interview with economic magazine Talouselama.
Although Portugal's constitutional court recently rejected austerity measures linked to its bailout from the European Union and International Monetary Fund, Liikanen said he believed the government wanted to continue with economic reforms.
(Reporting by Terhi Kinnunen; Editing by Pravin Char)
- Tweet this
- Share this
- Digg this
- Children's corpses reveal desperate attempts to escape Korean ferry |
- Australia, Malaysia vow to keep searching to solve plane mystery
- Search for MH370 reveals a military vulnerability for China
- Man United act to halt slide as power shifts back to Liverpool
- Ukraine's leaders say have U.S. backing to take on 'aggressors' |