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Eurogroup Chief Warned Greece of Economic Dangers 2 Years Ago

Eurogroup chief Jean-Claude Juncker said in an interview with a Greek newspaper appearing on Sunday that: “since 2008 we had been pressing and ringing the warning bell to the Greek authorities to take measures to reverse the situation, which appeared to be taking on dangerous proportions”, adding that efficient measures were taken by the current government and: “I can say that I am very satisfied”.
In an interview with the Sunday edition of To Vima newspaper, Juncker stated that even if the government were to change in Greece, the Memorandum will remain.
He said he understands the difficult daily life of the Greek people: “but there is no other path”.
Juncker further said he saw no need for taking new measures, nor for discussion about the possibility of extending the repayment period of the EU-IMF loan since: “Greece is making substantial progress as regards consolidating the public finances” and “the noteworthy reduction in the deficit”.
Regarding corruption, the Eurogroup chief said that Greece indeed has a serious problem:”but it is not the only one (country) in the European Union to face such problems”.
He said that the current prime minister of Greece: “had the courage to repeatedly acknowledge that corruption is a major problem for the country…he should not be criticised for what he said…Other prime ministers in the European neighborhood have also admitted to having such issues in their own countries”.
(source: ana-mpa)

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