ECB's Draghi won't 'contemplate' Greek default

April 18, 2015 5:55 PM

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WASHINGTON — The head of the European Central Bank said Saturday he won't "even contemplate" the possibility of a Greek default on its debt repayments next month and that such an event would throw the eurozone into "uncharted waters."

At a news conference at the International Monetary Fund-World Bank spring meetings, ECB President Mario Draghi provided his most upbeat outlook on the eurozone economy in recent memory.

Also read: Greek cenbank chief expects return to capital markets in mid-2018

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