- Says a temporary exit from the EX would be the easiest way for Greece to get out of this chaos
“Unfortunately, the euro has put the European integration project at risk and unless we find methods to restore the competitiveness of Southern Europe in a way that will allow a temporary exit, there is a possibility of this plan being ‘killed,”
President of the Institute for Economic Research, Hans-Werner Sinn has long said that weaker countries should be allowed to exit the Eurozone. He also said that he is opposed to countries like France and Italy, and the ECB loosening the strict fiscal policies put in place by Berlin and that he still favours strict austerity.
Sinn tells Greece “Don’t let the door hit you on the way out”