Czech Finance Minister: Best solution for Greece’s debt crisis is for country to leave Eurozone

Czech Finance Minister Miroslav Kalousek, speaking on the financial problems in Greece, said that the best solution to the country’s debt crisis would be to leave the Eurozone. At negotiations with the EU’s finance ministers in Brussels on Tuesdays, Mr Kalousek gave his opinion on the matter. He added that unless Greece stuck to the conditions of the bail-out plan, it could not remain a member of the Eurozone. What consequences it would have for the Czech Republic if Greece left the common currency union was difficult to predict, he said. On Tuesday afternoon, rival political leaders failed to reach an agreement on the formation of a new Greek government. Snap elections will have to be held again.

Author: Sarah Borufka