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Greece elections put euro on a collision course

26 January 2015

Greece elections put euro on a collision course

The leader of the European Conservatives and Reformists Group, Syed Kamall, responded to the Greek elections.

Responding to the Greek elections, the leader of the European Conservatives and Reformists Group, Syed Kamall, said:

“As a democrat, I congratulate the new government on winning the election. However, the new Greek government will have to face up to the reality that being part of the euro means you cannot just change economic course without the agreement of other eurozone countries.”

“The Greek people have made their choice but will the voters of Germany, Finland, Netherlands other eurozone countries be prepared to fund Greece via fiscal transfers if the new government decides to splash the cash?”

“The room to manoeuvre in the eurozone is limited but I hope that an agreement can be found that makes both the voters of Greece, and voters of other eurozone states, feel that they are being listened to.”

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