Bailed out euro zone nation Greece will need further help at least once and possibly twice more, European Central Bank Governing Council member Luc Coene said on Wednesday.
“It’s clear that we are not yet at the end of the Greek problem. We will need to make further efforts, certainly once, perhaps twice more. We will see how the situation develops,” Coene told La Premiere radio station.
International lenders estimate that Greece will need around 10-11 billion euros from the second half of 2014, although several euro zone governments are reluctant to extend further loans because of negative public opinion.
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