Yulia Shamporova — Greece Should Exit Eurozone, Recover National Currency to Pay Debt

Mike Norman Economics 2015-07-01

In order to pay its debt to international creditors, Greece should exit the eurozone instead of criticizing the European Union (EU), the European Central Bank (ECB) and the International Monetary Fund (IMF), Bernard Monot, a European Parliament member from France, told Sputnik on Tuesday. “We prefer in the economic sense … that Greece exit eurozone, recover its national currency, the drachma, and reimburse its debt with national currency with Greece Central Bank,” Monot, chief economist for the right-wing National Front party, said. This move would be a more logical response to the economic crisis in Greece, than criticizing the EU and the ECB, Monot added.
“[Greek Prime Minister] Alexis Tsipras criticizes the European Union and the European Central Bank and at the same time asks them for help — you can’t kill two birds with one stone. It is important to choose either one point or another,” the French lawmaker said....
Sputnik Greece Should Exit Eurozone, Recover National Currency to Pay Debt Yulia Shamporova Greece Should Leave Eurozone If Bailout Terms Fail – Official
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