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30 September 2012

Reuters: Slovak PM says eurozone won't last in current form


Slovak Prime Minister Robert Fico said that the eurozone will not survive in its current form, and that one or possibly two countries will be forced to leave the currency bloc because they will be unable to meet their commitments.

"I think the time will come when it will be clear that some countries are not able to deliver when it comes to fiscal consolidation and commitments and that one or maybe two countries will not be part of the eurozone in its current form", he said.

Fico said he believed that Greece was already struggling to satisfy demands from international lenders. "I think Greece is not meeting its commitments. It is asking for more and more exceptions, more time to deliver on commitments it has made, and it will be right for major eurozone countries to take a stance how to deal with Greece."

Full article



© Reuters


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