Probable bankruptcy of Greece and its Exit, and the Eurozone will always leave the print on the political legacy of the most influential European leader, German Chancellor Angela Merkel, writes.
If Greece were to go bankrupt, the majority in Germany and in other countries are blaming the current Athenian Power led by Prime Minister Alexis Tsipras. Review of European politicians, he took the "volatile and aggressive" stance in negotiations on the Greek bailout, emphasizes the Agency.
on the backdrop of the recent decision Tsipras On the referendum, which he conveyed to those present for a couple of days before Greece might go bankrupt, Merkel has every reason to declare that she's pretty, and threaten to permanently stop to render assistance to Athens. Along with this, the Chancellor will have to deal with all the negative consequences of a Greek collapse and be noted on the question why the disaster was not prevented, it is reported in the publication.
"A Greek exit increases the probability of bringing to the humanitarian crisis in southern Europe, adversely affect the Eurozone, which only recovered after several years of deep recession, and to provoke fierce debate About German austerity measures and the ability Merkel to cope with the crisis," writes Reuters.
If Merkel would accept a Greek Exit from the Eurozone, it will be the most daring her decision in recorded history of its management by Germany - and much more risky than the nuclear phase-out in 2011.
"in private conversations Merkel has declared the same, saying that most of her big fear is that Germany third time in a hundred years will be able to blame the" collapse of Europe ", - reported in the publication.
with the upcoming referendum On the UK out of the European Union, the confrontation with Russia over the unresolved situation in Ukraine and the struggle of the countries of continental Europe with the migration crisis and the threat from Islamic extremists chaos in Greece is a terrible signal to the world about the condition in which Europe is, says Reuters.
Authorized lenders, including the European Commission, gave Greece their proposals for the programme of reforms and austerity in the country. The authorities showed their ideas. The program of lending to Greece from the EU, which has been running for several years, ending June 30. Last resort have the opportunity to be selected, only If Greece and its creditors will agree On a reform package. Without this money there is a risk that Greece will prevent a national default - 1st in the history of the Eurozone.
About the financial crisis in Greece read the help Last news