Saturday, January 3, 2015

Greece, Spiegel: “Berlin considers possible exit from the euro” – The Press

Greece, Spiegel: "Berlin considers possible exit from the euro" – The Press

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Greece, Spiegel: “Berlin considers possible exit from the euro”

The German newspaper quoted government sources, “Merkel and Schaeuble would fear no serious repercussions”

Former Prime Minister George Papandreou greek

03/01 / 2015

The German government believes that the Eurozone is absolutely able to survive the possible exit of Greece, if necessary. It reveals how the German weekly Der Spiegel, citing government sources, who report in turn, the convictions of both Chancellor Angela Merkel that the Fnanze minister, Wolfgang Schaeuble. For both the Eurozone, from January 1 to 19 with the entry of stable and economically reliable Lithuania, has made the necessary rifome from the crisis of 2012, when Athens venen saved by the Troika EU-IMF-ECB to make manageable the possible farewell of Greece to the Euro.

“The danger of contagion is limited because Portugal, and Ireland (the other two countries saved) you must consider rehabilitated”, reports Der Spiegel. At the same time against the risk of adverse consequences is the fact that the European Stability Mechanism (ESM), the eurozone rescue fund, is an “effective” system recovery and is now operational, unlike the 2012. The same goes for the big banks.

From Berlin no comment to rumors Spiegel, who adds that it is not yet clear detail – anything but second-rate – if a country that comes out from the Eurozone can remain in the EU.

In summary, the Hamburg weekly reports that the German Government Greece’s exit from the Euro will be inevitable if the polls will be confirmed at the polls January 25 and will win the far-left Syriza Alexander Tsipras, who does not want to leave the euro but intends to renegotiate the bailout agreement with the troika erasing a big chunk of public debt greek.

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Reuters

 01/03/2015

 

Reuters

 01/03/2015

 

Reuters

 01/03/2015

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