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German Economy Minister: "Horror" of a Greek Euro Exit Has Faded

German Economy Minister Philipp Roesler on Sunday reiterated his doubts about whether debt-mired Greece would be able to stay in the euro zone, saying the ‘horror’ of a potential exit had worn off.
Mr Roesler told ARD public television that Athens’ partners would wait for the progress report of the troika of Greek creditors – the European Union, International Monetary Fund and the European Central Bank.
“Nevertheless I have to say I am more than skeptical,” said Mr Roesler, who is also head of the pro-business Free Democrats (FDP), junior partners in Chancellor Merkel’s centre-right coalition government.
“Unfortunately it is likely that Greece will not be able to fulfil (the troika’s) requirements. And I say quite clearly, if Greece fails to comply with the requirements that there should be no more payments to Greece.”
(source: ARD, AFP)

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