Fed's Fischer: Very likely eurozone will survive Greek crisis

WASHINGTON (MarketWatch) - "Courageous and effective" policy actions taken by the European Central Bank have made it very likely that the eurozone will survive the current Greek crisis, said Federal Reserve Vice Chair Stanley Fischer on Thursday. ECB President Mario Draghi's pledge to do "whatever it takes" to protect the euro and the recently enacted bond-buying program has swayed opinion "in favor of the survival of essentially the present euro area, even though we will await the outcome of the Greek crisis, and even though we know that the present crisis is not over," Fischer said. But......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/1Sjn2gk
via IFTTT