BERLIN (MNI) – Greece will no have no alternative to leaving the
Eurozone if it gets no further fiscal aid, German Transport Minister
Peter Ramsauer said in an interview with German ARD public television on
Wednesday.
Ramsauer said Germany should stop contributing to the aid for
Greece if the IMF ends its help for the indebted country. “Then Greece
will likely have no other choice” but to leave the Eurozone, the
minister asserted.
He warned, though, not to expect that all problems will be resolved
once Greece has left the Eurozone.
Ramsauer is a member of the Bavarian CSU, the sister party of
Chancellor Angela Merkel’s center-right CDU.
German Economics Minister Philipp Roesler told German ARD public
television last month that Greece will most likely not be able to meet
the goals agreed with its international lenders. “I want to say this
here very clearly: if Greece does not meet its obligations, there can be
no further payments to Greece,” he stressed.
In that case, Greece might come to the conclusion that it would be
better to leave the Eurozone, said Roesler, who is also vice chancellor
in Merkel’s government and head of the free market-orientated FDP, the
junior partner in the government coalition. “I think that for many
experts, for the FDP, and for me, a Greek exit from the Eurozone has
long since lost its horror,” he added.
–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com
[TOPICS: M$X$$$,MGX$$$,M$$CR$,M$G$$$,M$Y$$$,MFX$$$,MT$$$$]