ECONOMY

France’s Sapin says Grexit would be catastrophe for Greece

French finance minister Michel Sapin said on Thursday it would be a total catastrophe for Greece if Athens left the eurozone but that France was doing all it could to find a deal.

“We will fight till the end to find an agreement with Greece,” Sapin said on France Info radio.

Greece’s leftist government faced a barrage of warnings on Wednesday that it risked being forced out of the eurozone and left without support if it failed to strike a swift aid-for-reforms deal with its creditors.

[Reuters]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.

READ MORE
ECONOMY

Bank savings in front line as Greece hurtles toward default

ECONOMY

Greek banks face capital hole even if bailout agreement reached

ECONOMY

Hellenic Seaways sets out to find a strategic investor

ECONOMY

Amnesty for undeclared incomes with a 21 pct tax

ECONOMY

Drivers told to get insurance or face 750-euro fine

ECONOMY

BoG: Deal or painful course out of euro