Arab Today, arab today greek exit from euro inevitable
Last Updated : GMT 11:56:53
Arab Today, arab today
Arab Today, arab today

Former head of US central bank:

Greek exit from euro inevitable

Arab Today, arab today

Arab Today, arab today Greek exit from euro inevitable

Alan Greenspan
London - Arab Today

Greece will have to leave the eurozone sooner or later, the former head of the United States central bank Alan Greenspan said on Sunday.
The comments come after a diplomatic blitz by Greece's new anti-austerity government to try to renegotiate a new debt deal amid fears Greece could default on its loans.
"It is a crisis and I don't see it being resolved easily, in fact I don't see it being resolved without Greece leaving the eurozone," the former chairman of the US Federal Reserve told BBC radio.
"I don't see that it helps them to be in the euro and I certainly don't see how it helps the rest of the eurozone. And I think it's just a matter of time before everyone realises that parting is the best strategy."
Greenspan, who was head of the Federal Reserve from 1987 to 2006, said that the eurozone could not continue in its current form without political integration.
The new government led by Prime Minister Alexis Tsipras and his radical left Syriza party was elected last month on a platform of ending austerity and easing Greece's crushing debt burden.
But Germany and the European Central Bank have indicated there is little room for manouevre on the terms of country's 240-billion-euro ($275 billion) EU-IMF rescue deal.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greek exit from euro inevitable Arab Today, arab today greek exit from euro inevitable

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greek exit from euro inevitable Arab Today, arab today greek exit from euro inevitable

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday