Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-270-000"
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"en.20110607.23.2-270-000"2
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"I have great respect for all our democratic states, so it is not up to me to tell them what they should do in this matter. But we know that Greece has no intention of leaving the eurozone. I am in constant contact with both the Greek authorities and the main opposition party and I know very well that they do not want to leave the eurozone.
Probably some of you, distinguished Members, would like the country to leave the eurozone, or perhaps your country is not in the eurozone and we respect that, but Greece is very committed to the European project. Greece has difficulties, and we are trying to support it, but please do not attack the euro on ideological grounds.
The reality is that there are countries outside the eurozone that have at least comparable problems. Iceland is not a member of the eurozone and Iceland went bankrupt. Let us put it frankly: Iceland was one of the richest countries in the world in per capita terms before the financial crisis.
In the European Union, we also have countries that are facing the same kind of difficulties because of very high levels of expenditure. So the reality is that the euro is not the problem; the problem is a very high level of debt or a very high level of deficits in the economies."@en1
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