GERMAN PRESS: The idea the eurozone could dissolve is not
automatically ridiculous, Jean-Claude Juncker, the head of the Eurogroup
of finance ministers, said in an interview published Monday in German
business daily Handelsblatt. “Should the Greeks stick to the very
stringent conditions and the markets nevertheless speculate against
Greece, we will not simply let the markets march on through,” he warned.
Declining to be precise about what steps would be taken to restrain the
markets lest his answer “lead to a let-up of savings efforts in Greece,”
the oftentimes poetic Juncker added nonetheless that “we have the
instruments of torture in our cellar and we show them when it is
necessary.” It is in any case “clear, that in accordance with the
Treaty, it will not come to a bailout,” he said.
Featured Videos