‘Catastrophic Effect’: More Austerity Measures Could Force Greece to Exit the EU

 ‘Catastrophic Effect’: More Austerity Measures Could Force Greece to Exit the EU

Theatre of Dionysus in Athens, Greece. Photo by: Marco ed Emanuela.



The Greek government has just three weeks to secure a deal with the European Commission, the European Central Bank and the International Monetary Fund, to avoid the possibility of a Greek exit from the EU and a fresh debt crisis. Radio Sputnik discussed this with Dr. Marina Prentoulis, a senior lecturer at the University of East Anglia.

When asked whether there was any chance of a compromise that would appease both creditors and Greece, Marina Prentoulis said that the situation hasn’t changed since the first round of negotiations.

“There are different political forces involved and the creditors insist on the implementation of additional austerity measures. One thing the IMF doesn’t want to understand is that these measures have already had a catastrophic effect on Greece and also on the future of the European Union,” she noted.

Full story: sputniknews.com



TN

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