Saturday 28 May 2022

‘The euro will be fine without the Greeks’: Neelie Kroes

Greece can leave the eurozone without damaging monetary union, European digital affairs commissioner Neelie Kroes says in an interview with the Volkskrant on Tuesday.

Kroes, a member of the Dutch ruling right-wing Liberal party VVD, is not a supporter of Greece exchanging the euro for the drachma, but says: ‘It is absolutely not a case of man overboard if someone leaves the eurozone.’
The commissioner is very critical of the new Greek government and says they are not fulfilling their promises. ‘Too few spending cuts, too little restructuring,’ she says.
She says the Greeks should follow the example of Italy where the new prime minister Mario Monti is taking ‘dynamic action’.
‘And it is creating just as much pain in Rome as it is in Athens,’ Kroes told the Volkskrant.

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