Saturday, May 19, 2012

Greece euro exit threatens all Europe

GREEK poll front-runner Alexis Tsipras, buoyed by a groundswell of opposition to EU-IMF imposed austerity measures, says forcing his country out of the eurozone would sink the region as a whole.

The problems in Greece were those of Europe, Tsipras told Saturday's edition of the International Herald Tribune, and forcing his country out of the eurozone could easily bring down other countries, notably Spain and Italy which have come under increasing pressure as the crisis has spread.

"Our goal isn't to blackmail or terrorize, our goal is to shake (leaders up)," Tsipras told the newspaper.

"We want to convince them ... they need to change the policies in Greece and change the policies in Europe, otherwise Europe will be at very large risk."

Read more: Herald Sun


Post a Comment

Twitter Delicious Facebook Digg Stumbleupon Favorites More

Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Web Hosting Bluehost