Wednesday, February 18, 2015

Giscard calls for a euro exit for Greece – Le Parisien

Giscard calls for a euro exit for Greece – Le Parisien

Mr. Pf. | Feb 18. 2015, 11:14 p.m. | Update: 19 Feb. 2015, 0:14

While the new Greek government has initiated a showdown with its eurozone partners on aid Financial given to Athens, the former head of state Valéry Giscard d’Estaing puts his foot in it.

He said in an interview with Les Echos published Thursday that Greece must exit the euro and “regain dévaluable currency (sic)” if it wants to solve the problems it faces. For the former president, the situation could be even worse today if keeping Athens in the euro area.

“The entry of Greece into the euro in 2001 was a clear mistake, I was against at the time and I said, “recalls VGE. “Greece can not solve its problems today if it finds a dévaluable currency. We must therefore consider this scenario very calmly, cold in the interest of Greece itself. It is absurd to say that it would be a failure of Europe. Moreover, in recent days, the rating of the euro has risen, “said the former head of state. For the latter, the exit from the euro zone does not call into question the membership of Greece to the European Union. “Greece has its place in the European Union. Leaving the use of the euro, it would only reach countries like the United Kingdom, Sweden, the Czech Republic etc. that have not adopted. Better: this output would allow him to prepare for a possible return later. This is what I would call a “friendly exit” output in a friendly spirit, “says Valery Giscard d’Estaing.

An agreement to urgently find

For the former French President, the euro exit of Greece must be possible, though if Athens opposes: “We are told that the Greeks do not want to leave the euro and the new government rejected this assumption during the election campaign. Certainly. But this is not the first time that leaders are elected with an unworkable program they offer to the opinion. ” VGE and send a pike at Hollande and Manuel Valls. “It’s very common thing: see what has become of the promise of the French government to reduce unemployment …”

Without an agreement with the other countries of the eurozone, Greece would deprive 240 billion euros in loans needed to avoid bankruptcy. Loans where the offer expires on 28 February. Crunch time for Greece to which the European Union has given until the end of the week to accept its terms. In the opposite case, the proposed VGE could possibly ask seriously.

VIDEO. Eurogroup: Greece will not accept an ultimatum “

VIDEO. Greece: “The crisis has taken away my dreams”

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