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Image header Agence Europe
Europe Daily Bulletin No. 10634
ECONOMY -FINANCES - BUSINESS / (ae) eurozone

Fico says Greece should leave euro if it can't keep promises

Brussels, 14/06/2012 (Agence Europe) - On Thursday 14 June, Slovakian Prime Minister Robert Fico said that Greece should leave the eurozone if it can't keep its promises under the second bailout programme agreed with international lenders in March this year. He told reporters that if the Greeks fail to respect the commitments they have made, fail to respect their financial obligations and fail to pay back their loans, then Slovakia will ask for Greece to leave the euro. On Sunday 17 June, the Greeks will vote in a new general election, which will in effect be an unofficial referendum on whether they want to remain in the euro. Pools suggest that most will want to keep the single currency, but will reject the new austerity measures. The political parties currently leading in the polls want to renegotiate the Greek austerity programme, like conservative party New Democracy, or totally reject it, like far left party Syriza. Cash has been flooding out of Greece in recent weeks as people vote with their feet about the country's future. (MB/transl.fl)

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