Benoît Cœuré: Interview in Börsen-Zeitung Interview with Mr Benoît Cœuré, Member of the Executive Board of the European Central Bank, in Börsen-Zeitung, conducted by Mr Mark Schrörs, and published on 15 August 2015. *  *  *  Mr Cœuré, the last two bailout programmes have failed to get Greece back on its feet.
What makes you think that this time everything will be different and this third programme will turn Greece into a “thriving economy”, to use the expression recently employed by Mario Draghi, President of the European Central Bank (ECB)? First of all, you have to remember where we started in 2010. Back then, the Greek economy was enormously imbalanced and inefficient.