Greece could still leave euro, says Simitis, PM who engineered entry

PoliticsGreek Politics Tags: European Union
Photo by Harry van Versendaal
Photo by Harry van Versendaal

The threat of “Grexit” was supposed to have disappeared in 2013 but the man who led Greece into the euro, ex-Prime Minister Costas Simitis, believes that a departure from the single currency should not be ruled out.

In an op-ed in Sunday’s To Vima newspaper, Simitis cited the disastrous state of the Greek economy, public dissatisfaction in debtor and creditor countries and the unsustainability of Greek debt as three of the key reasons that the threat of a euro exit...

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