Juncker wants ‘to avoid Grexit’


European Commission head Jean-Claude Juncker said on Tuesday that he was against an exit by Greece from the euro, even though Greeks massively rejected bailout terms in a referendum this weekend.

"My wish is that a 'Grexit' should be avoided," Juncker told the European Parliament in Strasbourg just hours before an emergency summit on the crisis.

"There are those in the EU who openly or otherwise campaign for Greece to exit from the eurozone. My life tells me the simplistic answers are the wrong solutions," he said.