No euro deal behind Holland's back

8th May 2011, Comments 0 comments

The French and German Finance ministers have telephoned their Dutch counterpart Jan Kees de Jager to fill him in about a semi-official policy meeting to which the Netherlands had not been invited.

Mr De Jager was reassured that Friday's talks in Luxembourg about the Greek debt crisis did not lead to any decisions. "Things can only be decided in the presence of all eurozone member states," they said, according to a Dutch government spokesperson on Saturday.

The Luxembourg meeting led to rumours spread by Germany's magazine that Greece was about to drop the common euro currency and return to the drachme, in a last-ditch effort to rescue its debt-ridden economy. Athens, Paris and Berlin emphatically denied that the Greeks had any such plans.

Senior Dutch politicians were not pleased when they heard that Minister De Jager had not been invited to the get-together in Luxembourg, despite the fact that the Netherlands has pledged 26 billion euros to the emergency fund to prop up the weaker countries in the eurozone economy. The Netherlands is one of Greece's major creditors.

The informal closed-door summit in Luxembourg was attended by representatives of Germany, France, Italy and Spain - all of them G20 members - as well as the EU Central Bank President Jean Trichet and a European Commissioner.

© Radio Netherlands Worldwide

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