Monday, 30 May 2011

The über euro-Commissioner has spoken: "we would not accept a Greek withdrawal"

 The arrogance of the unelected, overpaid eurocrats is mindboggling. Here is the über euro-Commissioner, the Finn Olli Rehn speaking:

SPIEGEL: Mr. Rehn, your Greek colleague on the European Commission, Maria Damanaki, said last week that either Athens and its lenders agree to tough sacrifices, "or we return to the drachma." Did she merely say what everyone is thinking?

Rehn: The public misunderstood my colleague's statement. She was trying to encourage her countrymen to implement the austerity program so that Greece can remain a member of the euro zone.

SPIEGEL: So you are no longer ruling out a return to the drachma?
Rehn: I do not see a withdrawal from the monetary union as a serious option. It would harm the Greek economy and be a setback for European integration. The euro is more than a currency; it's the central political project of our community. For this reason, too, we would not accept a Greek withdrawal.
SPIEGEL: But the Greeks themselves have played out the scenario of reintroducing the drachma.
Rehn: All I can say is this: I am not aware of it. We in the Commission and in the euro group are not working with such a scenario.

Read the entire interview here

Greece is fighting for its economic and political survival, and the euro-Commissioner Rehn has the nerve to tell the Greeks, that "we would not accept a Greek withdrawal" (from the euro co-operation)!

The government and the people of  Greece (and also Ireland and Portugal) are not anymore free decide about their own future. Mr. Rehn and his cronies in the Commission will not accept that, because the euro is "the central political project of our community" (leading to a federal European state).

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