Finance ministers from 17 eurozone countries met in Brussels to discuss continued questions about the future of Greece and its impact on the eurozone.
Of particular concern is Greece’s tenability as a continued member of the EU. After the country’s failure to establish a government coalition in support of the bailout and austerity measures, its exit from the eurozone has become a more pressing possibility.
Still, there seemed to be general consensus among the minister that revoking Greece’s membership is not ideal.
“I don’t want to talk about a possible exit for Greece or any other country because I believe it would be a disaster for all,” says Spain’s Minister of Economy, Luis De Guindos.
Irish Finance Minister, Michael Noonan, agrees with Guindos, saying, “I would like Greece to stay in the euro. I think it is very important that the eurozone stays intact and that the very many countries who want to join the euro when things stabilize will have the stabilization necessary to allow them to join.”
But even if keeping the eurozone in one piece is ideal, there are those taking a more realistic stance. For instance, German Minister of Finance, Wolfgang Schaeuble:
“It is not about being more or less generous towards Greece. It is undisputed that the Greek people have to suffer from the consequences of decades of neglect. There is no easy path for Greece whatever the result.”
Regardless, eurozone finance ministers may have little say in matter, as the Greek citizens are becoming increasingly impatient and all the more likely to institute an anti-bailout government come renewed elections this June.