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Tag Archives: Greek euro exit

Juncker Warns of Euro Zone Breakup, Accuses Germany of “Populism” in Case of Greece

 Chief of euro group Jean-Claude Juncker warned that the euro zone would break apart and urged the EZ and EU leaders to save the currency union saying ‘there was no time to lose. Speaking to German Sueddeutsche Zeitung,  Juncker also criticized German officials for their statements about a Greek euro exit. In …

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Reuters: EZ Officials Agree To Prepare for Possible Greek Euro Exit

BRUSSELS (Reuters) – Euro zone officials have agreed that each euro zone country must prepare an individual contingency plan in the eventuality that Greece decides to leave the single currency area, two eurozone officials said on Wednesday. The agreement was reached during a teleconference of the Eurogroup Working Group (EWG), …

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IMF Lagarde: Greek Euro Exit Hard, Not Only For Greece

Greece’s  political leaders need to stick to the commitments and abide the austerity programme, IMF head Christine Lagarde said and she warned that a Greek euro exit would be expensive and hard not only for Greece. She also stressed that the IMF would talk to any democratic-elected Greek government, implying the IMF …

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