Finance Minister of Malta, Germany and its allies agree on the exit of Greece from the eurozone – Bulletin

Finance Minister of Malta, Germany and its allies agree on the exit of Greece from the eurozone – Bulletin

The block eurozone countries led by Germany agree on a Greek exit from the currency bloc, if an agreement on Greek debt and extend the program of financial aid to the country will not be achieved. It is reported by « Interfax” referring to the statement by the Minister of Finance of Malta, Edward Scicluna.

He said he wants to act as a mediator in the talks with Greece, to be held February 20. They will be difficult, convinced Scicluna.

The Minister of Finance of Malta believes that Greece needs to deal with its partners in the eurozone. Otherwise Athens awaits Default. «

The default ?? it’s terrible ?? Scicluna said. ?? In terms of income Greece has substantial losses. Banks immediately react to this instability and raise interest rates, so that the Greeks against the wall ».

The finance ministers of the euro area ( The Eurogroup) and Greece will take 20 February third in the last 10 days trying to agree on an extension of the program of aid to Greece after 19 February Berlin rejected attempts to move away from Athens terms of the current agreement.