Greece needs to grit its teeth and sell off more of its state assets to get its finances back in order, European Central Bank Executive Board member Jose Manuel Gonzalez-Paramo said on Thursday.
"It is absurd to talk of any country leaving the euro," Gonzalez-Paramo said during a Q&A session at a Spanish National Council conference. "The only solution for Greece is to grit its teeth and take measures to return to growth."
He added that Spain needed to ensure its various regional governments hit deficit-cutting targets to convince financial markets Spain would not be dragged into the debt crisis.
REUTERS
