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Germany's Schaeuble says he had big support for his temporary Grexit plan

Discussion in 'Market News' started by ForexLive, Oct 20, 2015.

  1. ForexLive

    ForexLive Forum Member

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    German fin min interviewed in Liberation magazine - 15 out of 19 fin mins supported the idea "I've always wondered, like many economists whether for Greece, with its economic situation and its administration - as Jean-Claude Juncker, the Greeks are a great people, but Greece is not a state - it would not be better to proceed with the necessary recovery of the economy through a devaluation. And that is why I explained that it might be in the interest of Greece herself that she abandons the euro for a while, to recover economically and improve its competitiveness, before returning.

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