Greece should quit eurozone, get debt relief, German party leader says
Greece should leave the eurozone and then be given debt relief, the head of Germany’s pro-business Free Democrats (FDP) told a German radio station on Thursday.
Greece should, however, remain in the European Union, FDP leader Christian Lindner told Deutschlandfunk, so it can get subsidies to put into infrastructure or help small- and medium-sized businesses.
“It’s clear that Greece needs to have its debts written off,” Lindner said. “Greece’s debts can only be written off outside of the eurozone, so we’re talking about Grexit.”
Recent polls put support for the FDP, which was the junior coalition partner to Chancellor Angela Merkel’s conservatives from 2009 to 2013, at 5 to 7 percent. That suggests it will get enough support to cross the 5 percent threshold to enter the Bundestag lower house of parliament in elections on September 24.
Lindner said Greek Prime Minister Alexis Tsipras did not intend to implement agreed reforms, so the strategy needed to be changed.
The German government wants the International Monetary Fund to have a stake in Greece’s bailout to give the rescue plan greater credibility. But it opposes granting Athens the significant debt relief that the IMF is demanding.
On Friday, Finance Minister Wolfgang Schaeuble said Greece must meet commitments it has made under its international bailout plans or else it will end up in an impossible position.
You may be interested
“Constructive meeting” between Biden – ErdoganPanos - Jun 15, 2021
On the sidelines of the NATO Summit in Brussels, US President Joe Biden had a 45-minute meeting with his Turkish…
Daily Telegraph: An Ode to Naxos, the largest island of the Cyclades (video)Panos - Jun 15, 2021
The international Daily Telegraph places Naxos at the top of the list of British travelers. “The soon-to-be green-listed island that should be…
Thessaloniki: Shooting of the new Antonio Banderas “Barracuda” ready to beginPanos - Jun 15, 2021
The shooting of the Hollywood production for the movie “Barracuda”, starring Antonio Banderas, will start in two weeks in Central…