Moskovisi: Greece in no danger of exiting the Eurozone

Moskovisi: Greece in no danger of exiting the Eurozone

Athens, January 20, 2015/ Independent Balkan News Agency

By Spiros Sideris

The European Commissioner for Economic Affairs, emphasised that the commitments undertaken by the outgoing government are commitments of the country.

Commenting on the upcoming elections in Greece, Moskovisi admitted that the Greek elections is a challenge, but in no case “is there a destruction ahead of us”.

As he said, the eurozone is prepared for any scenario regarding the situation in Greece after the elections, and there is no danger of the country exiting from the Eurozone.

The French commissioner stressed that Greek voters should not feel under pressure and added: “Whatever the outcome of the elections, we will talk with the next government”.

However, he emphasised that the commitments undertaken by the outgoing government are the commitments of the country.

Asked if he considers inevitable a re-extension of the greek program, beyond the end of February, Moskovisi refrained from answering and merely said that this is something that will be resolved in the aftermath of the election in Greece, that is on January 26, when the Eurogroup convenes.

The French Commissioner reminded that there has already been an extension of the greek program until the end of February, and that the Eurogroup has already stated that it wishes to provide an “Enhanced Preventive Credit Line» (ECCL) to Greece. “Obviously there are issues to be discussed again in the aftermath of the elections, we will see under what conditions the discussion will be made”, he said.

Asked to comment on the possibility of further restructuring of the greek debt, Moskovisi reminded that there are no commitments (from the side of the Eurogroup and the part of Greece), to be brought to the negotiation table after the election, regardless of results. As he noted, the issue of restructuring is something that will be discussed with the next government.

“Europe will support Greece and we need a strong Greece in Europe”, concluded the French Commissioner.