A Greek exit from the eurozone would be the beginning of the end of the single currency, Greek Prime Minister Alexis Tsipras was quoted as saying Friday in a newspaper interview.
“The famous Grexit cannot be an option either for the Greeks or the European Union. This would be an irreversible step, it would be the beginning of the end of the eurozone,” Austrian daily Kurier quoted Tsipras as saying, in an interview published in German.
“That would be very negative for the people of Europe. But I must remind you that the debate about a Grexit began when the application of strict savings programmes began,” he said.
“The Greek government cannot absorb the savings programme forced upon it by the EU and the International Monetary Fund. The cuts would also not be positive for the Greek economy. Greece would not become more competitive and the debts would also not be reduced. The whole concept needs to be changed,” he said.
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