German Finance Minister Wolfgang Schaeuble has suggested Greece could leave the Eurozone “temporarily.”
Schaeuble, one of the Greece’s biggest creditors and toughest critics, made the remarks on the eve of a Greek referendum that will decide if there should be further austerity measures.
The German Minister said: “Greece is a member of the Eurozone. There is no doubt about that. Whether with the euro or temporarily without it: only the Greeks can answer this question.”
He added that while some individual banks might collapse, the risk of spreading to other parts of the Eurozone is small.
“The markets have reacted with restraint in the last few days. That shows the problem is manageable,” he said.