Bank Of Baku

Interior minister of Germany: Greece should exit eurozone

Interior minister of Germany: Greece should exit eurozone
# 27 February 2012 07:58 (UTC +04:00)
Baku - APA-Economics. With German Chancellor Angela Merkel facing a parliamentary vote Monday on a second Greek bailout, her interior minister, Hans-Peter Friedrich came out over the weekend in favour of Greece leaving the eurozone.

“I do not mean that Greece should be kicked out of” the 17-nation eurozone, but he said the bloc should “create incentives for an exit that they cannot turn down.”

“Outside European monetary union, Greece’s chances of regenerating itself and becoming competitive are definitely better than if it remained inside the eurozone,” Friedrich said.
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