Austria’s finance minister does not believe an unplanned Greek exit from the eurozone has become more likely in the past month, adding one could discuss a planned withdrawal.
“All have realized, also Greece, that an accident represents the biggest possible problem. If there was a kind of orderly withdrawal, then one could discuss how to do that,” Hans Joerg Schelling said on ORF radio on Wednesday.
“Of course I see the problem that time is running out, that the amount of money needed is really very considerable.”
He said he saw the implementation of privatizations as a likely reform path forward for Greece, adding he did not expect “dramatic cuts.”