Speculation about a Greek exit from the eurozone is unnecessary, European Central Bank policymaker Gertrude Tumpel-Gugerell said in an interview with Boersen Zeitung.
Upon being asked by the German daily whether she was confident that Greece could come back to the markets, and whether therefore discussions about Greece leaving the eurozone were unnecessary, she said: "Exactly."
Asked further about whether the eurozone remained a viable construct, she said: "We need to distinguish between problems in the past, and the way forward."
In the past, structural problems in some countries were not addressed at the right time. The design for the future needs to bring about better political and economic cooperation, she told Boersen Zeitung.
Furthermore it was important to provide support for certain countries so that they have time to adjust their economies to a point whereby they can grow "from their own strength", Tumpel-Gugerell told the German paper.
REUTERS
