“The four installments to the IMF in June amounted to 1.6 billion euro. This money will not be paid, because there is, “he said.
The exit of Greece from the single currency” would be the beginning of the end for the project of ‘ euro. ” Says Finance Minister greek, Yannis Varoufakis in a BBC interview as reported by Bloomberg. “If you are in a monetary union – adds – get out of it is catastrophic.”
Varoufakis believes that “once you put in the minds of investors that the euro is not indivisible is only a matter of time before it all starts to unravel. “
The finance minister added that” Greece has made enormous strides to reach an agreement. It is now up to the institutions to do their part. We – explains speaking of ongoing negotiations – we have ‘met three-quarters of the way. Now they have to meet us in the last quarter of the way ”
Sunday, May 24, 2015, 11:27 – Last Updated: 12:21
© ALL RIGHTS RESERVED
No comments:
Post a Comment