Sunday, February 1, 2015

“Greece has no future outside the euro – Parool.nl

"Greece has no future outside the euro – Parool.nl

01-02-15 15:19 pm – Source: Reuters

The French finance minister, Michel Sapin. © AFP

Greece has no future outside the eurozone. That said, the French finance minister, Michel Sapin, today ahead of a meeting with his Greek counterpart Yanis Varoufakis later in the day

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It can be negotiated according Sapin about extending maturities and other forms of debt relief for Greece

Eurogroup President Jeroen Dijsselbloem with Greek Finance Minister Yanis Varoufakis. © epa

Sapin further said on the television channel Canal Plus that no will be the cancellation of Greek debt. There can be negotiated according to him, on the extension of maturities and other forms of debt relief for Greece. According Sapin is legitimate for Greece to negotiate ways to ease its debt burden.

The minister at 17:00 meeting with Varoufakis in Paris and the two are expected at 18:30 . with a joint statement

Sapin also indicated that the French exposure to Greek debt is 42 billion

Dijsselbloem

Varoufakis Friday in Athens had a meeting with Eurogroup chairman Jeroen Dijsselbloem. Greece indicated Friday no longer wish to cooperate with the troika, which consists of representatives from the European Union, the European Central Bank (ECB) and the International Monetary Fund (IMF).

The Greek Prime Minister Alexis Tsipras said yesterday that Greece will honor its financial obligations to the IMF and the ECB

(Edited by: Editorial).

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