Friday May 22, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Juncker slams 'propaganda' of Greek euro exit

The head of the Eurogroup, Jean-Claude Juncker, has dismissed speculation about an imminent Greek euro exit as propaganda after eurozone finance ministers met in Brussels on Monday.

ON ANY POSSIBLE CHANGES TO GREEK BAILOUT PROGRAMME:

"If there were to be dramatic changes in the circumstances, we wouldn't preclude a debate about an extension of the period (for Greece to meet targets). I didn't say there was any intention to extend the periods, we have to do things in the appropriate order.

"We need a Greek government, the Greek government would have to make clear it was fully committed to the programme, and then if there were exceptional circumstances, we wouldn't exclude the possibility of discussing this issue.

"It wasn't discussed today because those two other conditions were not met: we haven't got a Greek government and we haven't got any particular circumstances to warrant this discussion.

"Anyway, there wouldn't be any substantive change involved."

ON POSSIBILITY OF GREECE LEAVING EURO ZONE:

"I made it perfectly clear that nobody was mentioning an exit of Greece from the euro area. I am strongly against. We are 17 member states being co-owners of our common currency.

"I don't envisage, not even for one second, Greece leaving the euro area. This is nonsense, this is propaganda.

"We have to respect Greek democracy. I'm against this way of dealing with Greece consisting in provoking the Greek public opinion and giving advice and indications to the Greek sovereign.

"Greece has voted, we have to take into account the result. We do hope that a government will be formed in the next coming days or weeks and then we have to deal with that government. We don't have to lecture Greece.

"But the Greek public, the Greek citizens, have to know that we agreed on a programme and this programme has to be implemented. But I don't like the way of dealing with Greece, those that are threatening Greece day after day. This is not the way of dealing with partners, colleagues and friends and citizens in the European Union."

ON GREEK PROGRAMME:

"We took note of the results of the Greek elections on May 6. The democratic process in Greece should now run its course. The Eurogroup looks forward to the swift formation of a new Greek government that will take ownership of the programme and that has a sufficient parliamentary majority to implement fully the agreed policy conditionality."

ON GREEK REFORMS:

"The Eurogroup is fully aware of the significant efforts already made by Greek citizens. This is not a time to relax the reform efforts. On the contrary, continued fiscal and structural reforms are Greece's best guarantee for a more prosperous future in the euro area. We therefore encourage Greece to resolutely continue to adjust the structural weakness of its economy."

ON GREECE IN EUROZONE:

"Our unshakeable desire is to maintain Greece within the euro area. We will do everything possible to that effect. The exit of Greece out of the euro was not the subject of our debate today. Absolutely no one, absolutely no one, argued in that sense."

[Reuters]

ekathimerini.com , Tuesday May 15, 2012 (02:08)  
Juncker, Tsipras eye Greece deal in early June
EU to propose relocating 40,000 refugees from Italy, Greece
N17 convict Xeros gets more time for defense on prison breakout plan
Civil aviation staff to hold walkout on holiday weekend
Lagarde says much work left to be done on Greece deal
A potential deal to help resolve Greece's debt crisis still requires a lot of work and must not be rushed, the head of the International Monetary Fund said on Friday. "I know there is a lot ...
Greece to cut bank rescue fund managers pay by 40 percent
Cash-strapped Greece will cut the pay of bank bailout fund executives by 40 percent because their salaries are a "provocation" during a time of austerity cuts elsewhere, the finance ministry...
Inside Business
Greece escapes soccer suspension, FIFA happy with changes
FIFA says it is satisfied with changes made to sporting law in Greece, and has dropped a threat to suspend the country from international competition. In a letter to the government dated May...
SOCCER
Four-goal Panathinaikos thrashes Asteras away
Panathinaikos thrashed Asteras at Tripoli to gain an early advantage in the race for a spot in next seasons Champions League qualifiers, as the Super League play-offs got under way on Wedne...
Inside Sports
EDUCATION
Consensus is key
The education bill that has been put forward by Greeces leftist-led government has to be the subject of extensive public consultation. Even more importantly, it needs to be approved in Parl...
COMMENTARY
The other inequality: how the state spends our money
Growing inequality between rich and poor across the world has rightly become the focus of much investigation and analysis. The Organization for Economic Cooperation and Development underline...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Juncker, Tsipras eye Greece deal in early June
2. Greece escapes soccer suspension, FIFA happy with changes
3. Lagarde says much work left to be done on Greece deal
4. EU to propose relocating 40,000 refugees from Italy, Greece
5. Greece to cut bank rescue fund managers pay by 40 percent
6. Schaeuble said to raise possibility of Greek parallel currency
more news
Today
This Week
1. Merkel stamps out brief optimism on Greece after Tsipras talks
2. Tsipras to meet Juncker on second day of Riga summit
3. Lessons from Israels tech miracle
4. Banks will be asked to revise their restructuring plans
5. EOPYY struggles for funding, sees overdue debt rise
6. Greece sees reforms deal with lenders in next 10 days, spokesman says
Today
This Week
1. The Greek-German breakthrough that didnt come
2. Phony dilemma
3. Greece came close to not paying IMF
4. Conspiracy madness
5. National self-awareness put to the test
6. Albanian demarche raises concerns about possible territorial claims over Greece
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.