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Greece faces 'long road' after exiting bailout - ECB's Weidmann

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Greece faces 'long road' after exiting bailout - ECB's Weidmann
FILE PHOTO: Germany's Bundesbank President Jens Weidmann delivers a speech in Berlin, Germany, August 23, 2018. REUTERS/Hannibal Hanschke   -   Copyright  HANNIBAL HANSCHKE(Reuters)
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ATHENS (Reuters) – Greece still faces “a long road to recovery” after the end of its bailout programme on Aug 20 and needs to continue balancing its books and cleaning up its banking sector, European Central Bank policymaker Jens Weidmann said on Thursday.

“(The) end of the third adjustment programme is not the finishing line, but a milestone on a long road to recovery,” Weidmann, president of Germany’s Bundesbank, told an event in Athens.

(Reporting By George Georgiopoulos; Writing by Francesco Canepa in Frankfurt; Editing by Gareth Jones)

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