Eurogroup's Juncker says euro zone threats do not help Greece
November 17, 2012 10:00 PM EST
Eurogroup President Jean-Claude Juncker took aim at Austria, Germany and the southern German state of Bavaria on Saturday for suggesting that a Greek exit from the euro zone was looming.
"Threats in the Austrian, German or Bavarian language that Greece will soon leave the euro zone do not do Greece any good," he said in a speech in the north-western town of Bielefeld.
"We must show solidarity with Greece and watch our words."
He also reiterated that Greece's main problem was not its debt but its lagging competitiveness and that countries had to tackle their budgets even if it caused "moments of recession".
(Reporting by Matthias Inveradi; writing by Madeline Chambers)
Most Popular Slideshows
Join the Conversation
- Tourre on stand says email in SEC case 'not accurate'
- Syrian authorities blocking access to needy in Homs - Red Cross
- Faith in European Union at low ebb, EU poll says
- Former UBS banker gets 18 months, $1 million fine, for muni bid-rigging scheme
- U.S. judge halts challenges to Detroit's bankruptcy bid
- Nokia Lumia 730 v. Sharp Aquos Crystal – Specifications, Features And Price Showdown
- Apple iPhone 6 Plus vs Motorola Droid Turbo: Comparsion On Processor, Software And Battery
- Australia Special Forces Await 'Delayed' Iraqi Visas Before Joining ISIS Fight
- ISIS Has Been Equipped With Advanced Anti-Aircraft Missiles
- Samsung Galaxy Note 4 vs Motorola Droid Turbo – S-Pen Is Note’s 4 USP But Droid Turbo Can Outshine With Larger Battery
- 8 Important Things to Consider Before Buying or Upgrading to iPad Air 2
- Canada’s Official ISIS Mission Starts On Weekend; Kuwait Uneasy