Austria’s finance minister said a Greek exit from the euro – or Grexit – would only be possible if Athens first asked to leave the European Union and other countries agreed to its request.
“The consequences for the euro countries are not nearly as bad as for Greece. It’s clear that one country can under no circumstances blackmail the European Commission and the euro countries,” said Austrian fin min during an interview with Die Presse published this morning
Meanwhile, also out this morning, is a call from EU council president Donald Tusk urging that Greece must stay in the Eurozone.
Greece is and should remain euro area member,” he tweeted after euro zone finance ministers refused to extend bailout loans ahead of a looming Greek debt default on Tuesday.
“I’m in contact with leaders to ensure integrity of euro area of 19 countries,
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