No question of Greece euro exit, says Berlin

9th May 2011, Comments 0 comments

A Greek euro exit is not on the cards, Berlin said on Monday, adding its own denial to that by other countries, including Greece, over such fears.

A euro exit by Greece "never has been and isn't on the agenda," Steffan Seibert, spokesman for Chancellor Angela Merkel told a regular government press conference.

"Take such denials to heart," he told journalists, adding that such fears "have noting to do with european reality".

European officials closed ranks at the weekend to defend Greece after a German media reported that Athens was engaging in talks about leaving the eurozone because of its inability to carry out economic reforms needed to reduce its debt mountain.

Athens and other European capital have denied the report.

The president of the eurogroup, Jean-Claude Juncker, held a meeting on Friday evening with finance ministers from France, Germany, Italy, and Spain to discuss Greece, prompting the speculation.

The meeting "was just about exchanging ideas, nothing else," a spokesman for Germany's finance ministry told the press conference.

Greece this week heads for another audit of its battered finances by a team of experts from the EU, the International Monetary Fund, and the European Central Bank.

© 2011 AFP

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