NEWS

Grexit cannot be excluded if no reforms, says Dombrovskis

grexit-cannot-be-excluded-if-no-reforms-says-dombrovskis

The EU wants Greece in the eurozone but it could be forced out if it does not produce a credible reform package to satisfy creditors, EU Commissioner for the euro Valdis Dombrovskis said Tuesday.

"It is not our aim but if trust is not rebuilt; if (there is) no credible reform package (then) it cannot be excluded," Dombrovskis said when asked if the European Union wanted Greece to leave the single currency zone.

[AFP]