Venizelos: 'rumour of Greek default an attack on euro'

Rampant Internet rumours that Greece will default over the weekend targeted "the euro and the heart of the eurozone, not Greece," Finance Minister Evangelos Venizelos said in statements at the general assembly of the Central Union of Greek Chambers of Commerce on Saturday.
Venizelos dismissed the rumours as "deliberate and organised speculation," warning that those who considered Greece a 'soft target' or the 'black sheep' of the European south were ultimately turning on themselves and the hard core of the eurozone.
"It is very important that we reply to the speculation and organised rumour-mongering against the euro," he underlined.
In statements earlier, the minister had said that those who believe that Greece was destroyed and that there was no hope "were completely out of touch with reality".
He also urged those in Greece to avoid further fuelling and recycling such rumours, otherwise those abroad would not stop "playing games at our expense".
Clarifying further, Venizelos pointed out that the Greek economy represented just 2 percent of EU GDP and less than 3 percent of the eurozone's total public debt, while its total debt amounted to no more than the annual borrowing needs of just one southern European country in the eurozone.
"Greece's economic figures do not convert it into a catalyst for the future and the survival of the euro. But if the eurozone is unable to solve the Greek problem, it will not be able to solve its own structural problem," he added.
The minister further noted that Greece was not handling the financial system nor the sphere of the real economy on its own.
However, Venizelos admitted that Greece was creating problems for its self and was a problem for its partners, who had supported and continued to the support the country systematically with total approved funds amounting to 219 billion euro.

Εγγραφείτε στο newsletter μας

Ενημερωθείτε πρώτοι για τα τελευταία νέα, αποκλειστικά ρεπορταζ και ειδήσεις απο όλο τον κόσμο