Greece needs to show commitment to rescue program: ECB's Coeure

November 28, 2016 7:35 AM EST

Benoit Coeure, member of the Executive Board of the European Central Bank (ECB), attends a Lamfalussy Lectures Conference in Budapest, Hungary February 1, 2016. REUTERS/Laszlo Balogh


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FRANKFURT (Reuters) - Greek authorities need to stick to the terms of the country's rescue program, including further structural and product market reforms and privatizations, to pass a bailout review, ECB Executive Board member Benoit Coeure said on Monday.

"To bring the program to a successful conclusion and to restore market access for the sovereign on a lasting basis, it is above all essential that the Greek authorities continue to show a serious commitment to the goals and measures taken under the program," he said at an event in Athens.

(Reporting by Francesco Canepa; Editing by Catherine Evans)



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