FXstreet.com (Córdoba) - Greek Prime Minister Antonis Samaras and the head of the Eurogroup, Jean-Claude Juncker, said Wednesday that a Greek exit from the euro zone would be dangerous.
Addressing reporters after a bilateral meeting, Samaras declared that, "those who want a Greek exit from the euro will fail". Juncker backed Samaras by saying that he was "totally opposed" to a Greek exit as it would be "dangerous" for Greece and added that people who are fomenting such speculation should "close their mouths".
Greek Prime Minister Antonis Samaras met on Wednesday with Eurogroup chief Jean-Claude Juncker to launch a diplomatic marathon aimed at winning better bailout terms for Greece. He will meet German and French leaders this week as well.
Samaras said Greeks are firmly attached to the euro and that his government is "determined to take all measures needed to exit the crisis".
Juncker on the other hand, said that Greece would not get the next tranche of its bailout loan without first implementing more austerity measures. Whether Eurozone members will grant Athens' request for a 2-year extension to implement measures aimed to reduce its deficit below the 3% of the GDP, will depend on what the Troika finds in a report that may not be completed until October, Eurogroup head said.
Eurogroup head also said that he is not in favor of a third package for Greece, at least not yet, and declined to comment on official sector taking a haircut.
Addressing reporters after a bilateral meeting, Samaras declared that, "those who want a Greek exit from the euro will fail". Juncker backed Samaras by saying that he was "totally opposed" to a Greek exit as it would be "dangerous" for Greece and added that people who are fomenting such speculation should "close their mouths".
Greek Prime Minister Antonis Samaras met on Wednesday with Eurogroup chief Jean-Claude Juncker to launch a diplomatic marathon aimed at winning better bailout terms for Greece. He will meet German and French leaders this week as well.
Samaras said Greeks are firmly attached to the euro and that his government is "determined to take all measures needed to exit the crisis".
Juncker on the other hand, said that Greece would not get the next tranche of its bailout loan without first implementing more austerity measures. Whether Eurozone members will grant Athens' request for a 2-year extension to implement measures aimed to reduce its deficit below the 3% of the GDP, will depend on what the Troika finds in a report that may not be completed until October, Eurogroup head said.
Eurogroup head also said that he is not in favor of a third package for Greece, at least not yet, and declined to comment on official sector taking a haircut.
