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Athens Macedonian News Agency: News in English, 12-05-17

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Outgoing PM: Greek exit from euro would be 'strategic defeat'

  • [01] Outgoing PM: Greek exit from euro would be 'strategic defeat'

    AMNA--Outgpoing prime minister Lucas Papademos urged that Greece's course in Europe be safeguarded, warning that a Greek exit from the euro would be a 'strategic defeat', in an open letter to the Greek people appearing on the prime minister's website (http://www.primeminister.gov.gr) on Thursday.

    The sacrifices of the Greek people were not without substance, Papademos said, adding his optimism that Greece's European course will not be revered, but warned of the dangers: "Greece's exit from the eurozone would constitute not only economic catastrophe but a strategic defeat of the country."amna

    "With their vote in the May 6 elections, a large section of our fellow citizens expressed their desire for a revision of the economic policy programme. Every change, with whatever margins may exist, must be sought in full understanding and a spirit of consensus with our European partners. A unilateral abrogation of the country's contractual commitments would be catastrophic for Greece, as it would inevitably lead us outside the euro and possibly outside the European Union," Papademos wrote


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