ECB executive Benoit Coeure meeting with Greek President Prokopis Pavlopoulos in Athens on Monday.ens
A top European finance official on Monday urged Greeces bailout lenders to grant the country relief on its massive debts if Athens agrees to impose tougher budget austerity measures.
European Central Bank executive Benoit Coeure said the ECB was looking forward to a solution on Greek debt. Most of Greeces debt is now made up of bailout loans from other eurozone states and the International Monetary Fund.
All stake holders in the Greek adjustment program realize that there are serious concerns about the sustainability of the Greek public debt, he told a business conference in Athens ahead of a meeting with Prime…