Germany’s Chancellor Angela Merkel has dismissed suggestions that Greece burdened with debts may leave the EU. “Asked whether Greece should leave the EU does not exist,” Merkel said after meeting with Prime Minister of Greece George Papandreou. Debt of 300 billion and budget deficit of 12.7 percent of GDP made Greece “weak link” of the euro area and Germany has the largest economy in the community. Berlin has repeatedly refuting suggestions that it intends to “save” proved to be in Greece Financial Crisis, recalls agency Reuters. Merkel urged Greeks to “bear with” give effect to the new anti-crisis measures, and to understand that the residence of Athens in the euro area is very important. “All we are faced with economic crisis, we are in a complex situation and therefore understand what forces need to be implemented all measures taken to emerge from the crisis”, said Chancellor of Germany. In the popular press release about the meeting between Papandreou and Merkel says both countries will develop partnership relations on many issues and together we will resist the challenges facing the EU. Greece is in debt and financial crisis, which forced the government to take serious measures for savings. Greece says it does not need economic and political support from the EU.
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Icelanders, as the Greeks do not want to pay for foreign errors indicate global agencies. By overwhelming majority, they rejected an agreement worth $ 5 billion to pay debts to Britain and the Netherlands. The results of about 18 000 votes 93% indicates disagreement with the transaction, but only 1.5 percent were in favor of respondents. In Iceland, held the first referendum since it received independence in 1944. Voters – about 230 thousands – were urged to act on unpopular agreement to compensate customers of bankrupt Icelandic bank “Aysseyv.” Option, subject to consultation, condemning every Finn to pay for nearly one hundred euros per month for eight years. From second payment to Iceland is the only chance to restore their economic standing before the world. Meanwhile, on the eve of the referendum, the Icelandic government began attempts to reach a new arrangement in lighter conditions and claimed that the consultation is outdated and irrelevant text. Reykjavik is hoping the result is not wrongly perceived as a sign that the country is unwilling to pay its obligations under the “Aysseyv.” According to analysts, the outcome of the referendum may delay the next tranche of financial assistance from the IMF.
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