Debt relief will help Greece repay "in the medium term" - ECB chief

Reuters  |  FRANKFURT 

(Reuters) - The relief granted by zone governments to will increase the country's ability to repay its dues "in the medium term", the of the European Central Bank, , said in a letter published on Friday.

"We welcome the agreement reached by the Eurogroup on 22 June, which we believe will improve sustainability in the medium term," he said in a letter to a member of the

"We also welcome the Eurogroup's readiness to consider further measures in the long term in case adverse economic developments were to materialise."

(Reporting by Francesco Canepa; editing by Andrew Roche)

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First Published: Fri, September 14 2018. 15:59 IST