Software News Articles: Europe is changing: Germany agree on the exit of Greece from the eurozone

Sunday, January 4, 2015

Europe is changing: Germany agree on the exit of Greece from the eurozone – NEWSru.com

The German government changed the position in relation to a possible Greek exit from the eurozone, according to German weekly Spiegel . German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble, if necessary, prepared to allow this development and believe that the European currency to deal with that, according to the publication, citing a source in government circles.

Moreover, Berlin considers the exit of Greece from the euro zone is almost inevitable if the parliamentary elections win Coalition of the Radical Left Alliance (SYRIZA). Its leader Alexis Tsipras, who will get a great chance to head the government of Greece, promises to abandon the course of the economy and not to return the debt. Greece received several packages of financial assistance and loans from the IMF, issued under the obligation of austerity and structural reform, totaling 240 billion euros.

The reason for the changes relating to Berlin for a possible Greek exit from the European Monetary Union was the success achieved by the euro zone after the crisis in 2012. Threats to the crisis in other eurozone countries, particularly in Portugal and Ireland, there is no more, says the German government. In addition, the eurozone crisis created new mechanisms, for example, the European stabilization fund ESM, notes DW .

At the same time, as noted by Spiegel, it is unclear how Member may withdraw from the euro zone, but to stay in the European Union.

Agency DPA failed to get official comments on the publication in the Federal Chancellery and the Ministry of Finance of the Federal Republic of Germany.

On January 1, the euro area includes 19 EU states. With the introduction of the euro in Lithuania that currency are paying about 340 million Europeans.

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// NEWSru.com // // In the world December 29, 2014