×
ECR

Syed Kamall: The Greek people have torn the euro’s sticking plaster from the wound

5 July 2015

Syed Kamall: The Greek people have torn the euro’s sticking plaster from the wound

European Conservatives and Reformists Group chairman and Conservative MEP for London, Syed Kamall MEP responded to the Greek referendum.

Responding to the Greek referendum, European Conservatives and Reformists Group chairman and Conservative MEP for London, Syed Kamall MEP said:

“For years Europe has been placing sticking plaster over the Euro’s open wound. The Greek people have just torn it off.

“The voice of the Greek people is being heard tonight and it will shake the notion of some European leaders who believe that the peoples of European nations will always blindly vote for further integration and will always take rather than leave the offer on the table.

“We will see in the coming days how Greece’s creditors react but it would require the mother of all political fudges to give substantially more than they have already. Other eurozone countries have voters and taxpayers to consider too.

“There are no easy choices here. There are no winners.The Greek people want to be able to control their own economy and they should be allowed to. But sadly that is not what they signed up to when they joined the Euro.

“He who pays the piper gets to call the tune. Richer states have to be honest that keeping the euro together will need fiscal transfers to poorer states, but poorer states have to understand the richer states will want to set the rules.

“If the Greek people can take advantage of devaluation to become a more attractive destination for investment and tourism then the least worst option may now to be for Greece to leave the euro. However, if they simply wait for a better offers, this would not solve their long term problems. We have reached such an impasse that devaluation and decoupling may be the long term option.

“In the coming days the Greek people are going to face some dark moments and I hope that the EU will not seek to punish them for their democratic choice. If they seek the EU’s help in the coming days, it must react with compassion and understanding to find a long term sustainable solution.”

SHARE

ECR

OUR TWEETS

ECR Group

13 hours ago

🦠 The effects of the #Covid19 pandemic are still upon us ❗️ We need to act to stop history from repeating itself… twitter.com/i/web/status/1…

ECR Group

17 hours ago

🧪 #Europe has given birth to countless inventions & innovations. We can't let ourselves fall behind. By cutting r… twitter.com/i/web/status/1…

ECR Group

19 hours ago

The 🇪🇺 was created by our nations to serve them, not the other way around. 𝗢𝘂𝗿 𝗮𝗶𝗺? 🎯 To preserve the sovereignty… twitter.com/i/web/status/1…

ECR Group

yesterday

"In #Cuba, we face one of the most vicious crackdowns on innocent people wanting change and #democracy in their cou… twitter.com/i/web/status/1…

ECR Group

yesterday

We all know that #Cuba has no intention of upholding its side of the 🇪🇺-🇨🇺 Agreement. It's time to say "enough is e… twitter.com/i/web/status/1…

ECR Group

yesterday

Again this year, the people of #Cuba took to the streets to demand their basic rights – the same rights we take for… twitter.com/i/web/status/1…

ECR Group

2 days ago

There's an illegitimate, vertical attempt to bring down the conservative government in #Poland and replace it with… twitter.com/i/web/status/1…

ECR Group

2 days ago

ECR MEP @j_wisniewska 🗣️ "In the only legal, treaty procedure under Article 7, no risk of violation of the… twitter.com/i/web/status/1…

ECR Group

2 days ago

"From this crisis has emerged the need for a profound change..." Responding to @EU_Commission President… twitter.com/i/web/status/1…

Assita Kanko MEP

2 days ago

Finally discussing the #Pegasus scandal in the plenary. Spyware that can even activate the camera and microphone on… twitter.com/i/web/status/1…





© 2020. All rights reserved. European Conservatives and Reformists Group