EU Prepared for Greece to leave the EMU if not solution nose Oettinger
2015-06-26 10:35
(SIX), the EU is prepared to Greece leaving the EMU, although officials will do all they can to avoid a Such a scenario. It said the German EU commissioner Günther Oettinger said in an interview with Deutschlandfunk radio, according to Dow Jones Newswires. "A 'Grexit' is not a goal for us but it is inevitable if we do not find any solution for the next five days, "said Oettinger. Greece needs to repay 1.55 billion euros in loans from the IMF June 30, the same day as the country's financial rescue program expires. The EU is said to have no Plan B if negotiations fail but if it is not possible to keep Greece in the EMU, the ECB will act To prevent damage to other EMU countries, while the EU would ease the likely development, according to Oettinger. Erik Palmung +46 31 350 64 86 mailto: erik.palmung@six-group.se www.blogg.six.seSIXNews SIX News
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