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A COUNTRY’S MEMBERSHIP in the eurozone is “irrevocable,” a European Commission spokeswoman said today when asked about Greece’s possible exit from the single currency union following elections this month.
“Euro membership is irrevocable,” spokeswoman Annika Breidthardt told reporters, saying the rule was enshrined in article 140, paragraph 3 of the Lisbon Treaty.
Once you’re in the club, there’s no going back, would seem to be the message, however, she was vague in answering further questions about Greece.
But, asked whether such an option was feasible, Commission spokesman Margaritis Schinas said:
We are not going to enter into speculation and scenarios which risk being interpreted in a context that is not put forward.
The Commission, the EU executive arm, was questioned after the German weekly Der Spiegel said Saturday the German government believed it was inevitable that Greece would leave the eurozone if Syriza, the far-left anti-austerity party, wins the January 25 elections.
Syriza, which leads in opinion polls, has threatened to renegotiate the terms of its European Union-International Monetary Fund bailout if it wins the election — a prospect that has rattled Brussels and the financial markets.
Greek Prime Minister Antonio Samaras has said the snap election would determine whether his country remains in the eurozone.
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I find that eamon Ryan guy so freakin annoying , he has a face you just want to punch*
* for the record journal.ie is totally against acts of violence on eamon Ryan. unless absolutely neccessary.
: )
Yep Ando…agree
what phone box are they meeting in?
Cool,let’s recycle our way out of this recession..?!
These guys need to get a grip.
I used to be an environmentalist until the greens hijacked the idea. [ Open University 1971.OMG thats 40 years ago :-( ]
I thought Green Party was disbanded like PD…..
You’d hope
And……who cares, may I ask?
You cared enough to bother commenting… twice ;-)
Herp derp.
People are entitled to comment on a story in order to question its relevance, it doesn’t mean they are closet Green Party cheerleaders or anything.
Given the greens (and Sinn Feinn for that matter) views against fracking in Ireland I’m curious if people will be dumb enough to mindlessly support fracking just to spite the greens?
The will no doubt support any reduction in their fuel bills,something that the greens have never encouraged
@Charlie, yes I always comment when something pi****es me off. ;-)
I just wonder whether anyone who commented has any idea of the Green Party policies or principles (without googling them!) ?
have your say