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GreekReporter.comEuropeGiscard d'Estaign Suggests Greece to Consider Euro-Exit

Giscard d’Estaign Suggests Greece to Consider Euro-Exit

Former French President Valery Giscard d’Estaing suggested Athens to seriously consider exiting the Euro in order to avoid imposing further financial tortures upon its people.

Although the former French President had once supported Greece’s accession in the European Economic Community and the Eurozone afterwards, in his interview to Reuters news agency, d’Estaign said Greece is facing a difficult choice.

“Greece could stay in the Eurozone but it is very difficult to achieve economic recovery with a strong currency,” the 85-year-old former president told Reuters. “Is it better to use a national currency for a period or have the safety of a strong currency? It is Greece’s choice.”

Anyhow, he seemed positive Greece would remain in the European Union, whether the country chose to keep the common currency or not.

Asked about French President Nicolas Sarkozy’s repeated assertion that it would be disastrous if one country were to leave the euro, Giscard said: “He is wrong”.

According to Giscard, Europe must defend itself against speculators, whom he suspects to be mainly serving American interests.

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