Euro Area Beyond Repair If Greece Exits, Schaeuble Tells FAZ
German Finance Minister Wolfgang Schaeuble said the European monetary union would suffer an “irreparable loss of faith” if Greece or another member were to quit the single-currency zone, according to Frankfurter Allgemeine Sonntagszeitung.
“I don’t want to imagine what would be if markets would realize that they are able to push individual countries out of the euro zone,” the newspaper quoted Schaeuble as saying in an interview published today.
To contact the reporter on this story: Andreas Cremer in Berlin at email@example.com
To contact the editor responsible for this story: Chad Thomas at firstname.lastname@example.org
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.