Merkel Ally Says Greeks No Longer Threaten Euro Stability

Any political turmoil in Greece following this month’s election is no longer a threat to the wider stability of the euro area, said Michael Fuchs, a senior lawmaker from Chancellor Angela Merkel’s party.

“The situation in Europe has changed very much” since the height of the region’s debt crisis, Fuchs said today in an interview with Bloomberg Television. “Systemically they are not relevant anymore, the Greek people, so I’m not afraid for any other country.”