EU ‘READY FOR GREEK EURO EXIT’
February 8, 2012
THE EU signalled that it was prepared to eject Greece from the euro after a senior official yesterday declared the single currency would survive without them.
European Commission vice president Neelie Kroes insisted the eurozone wouldn’t collapse. It marks a change by Brussels which has backed Greece’s continuing inclusion.
Ms Kroes said: “When one member leaves it doesn’t mean ‘man overboard.’ They always said if a country is let go or asks to get out, then the whole edifice will collapse. But that is simply not true.” Dutch finance minister Jan Kees De Jager added there would be no “Armageddon” if Greece went.
The comments come as pressure mounted on the Greeks last night to agree new austerity measures in return for a second £107billion EU bail-out.