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Aid to Greece, Draghi says yes but sets new conditions

According to the president of the ECB, the Eurogroup will have the time to evaluate a possible extension of the support plan for Athens, which expires at the end of 2014 – “If the extension is necessary, further conditions will also be necessary” – The possibilities of a return of Greece to the markets

Aid to Greece, Draghi says yes but sets new conditions

Everyone now takes the new aid plan for granted. He's been talking about it for weeks and weeks. Now, however, the stakes of the president of the European Central Bank Mario Draghi are coming, who poses some ifs to the nth flow.

“The current support program for Greece expires at the end of 2014 and this leaves some time for the Eurogroup to evaluate a possible extension,” said Draghi, adding that “if an extension is needed, it will also be necessary additional conditions".

The declarations of the number 1 of the ECB dampen the enthusiasm of the government in Athens, which had stated that there would be no conditions. It will also be up to the Eurogroup to establish “the possibilities and prospects for a possible return of Greece to the markets”.

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