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> Politics

Resurgent talk of Grexit now joined by … Grexident

Moscovici: In case of a Grexit the risk of contagion is much lower – Belgian FINMIN: With its tactics, Greece has managed to make its partners angry - Juncker: Greece must honor its commitments - Rajoy: A Grexit would not cause a “domino effect” in the Eurozone - Schauble: SYRIZA is ruining the trust built so far between the two sides

Newsroom March 16 09:56

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The leftist Greek government continued fielding criticism from all sides at the beginning of the wee, with more and more European officials make statements regarding Greece’s position in the Eurozone.

In his interview to the Financial Times, Belgian Minister of Finance Johan Van Overtveldt stated that “with its wrong tactics, Greece has managed to antagonize and make its partners angry,” and while he added that the Eurozone now has the appropriate mechanisms to cope with a potential exit of Greece from the euro.

At the same time, the head of ESM Klaus Regling stressed to “Le Monde” newspaper that “nobody within the Eurozone or Greece wishes for a Grexit … It is a shared responsibility of the Greek government, the institutions and the Eurogroup to do whatever is needed in order to avoid a Grexident”.

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On his side, the EU Commissioner for Economic Affairs Pierre Moscovici said that “in case of a Grexit the risk of contagion is much lower”

Although the President of Commission Jean Claude Juncker expressed his opposition on a potential Grexit, he insisted that Greece must honor its commitments.

In a similar way, Spanish Prime Minister Mariano Rajoy said he doesn’t want to see Greece exit the euro, however, he would like to see Athens keep its promises like everyone else.

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