Thursday, February 19, 2015

Valéry Giscard d’Estaing: “Greece should leave the euro” – Boursorama

Valéry Giscard d'Estaing: "Greece should leave the euro" – Boursorama

For the former Head of State, Greece must “leave the euro” because it “can not solve its problems only if it finds a dévaluable currency.”

The former president Valéry Giscard d'Estaing wants Greece exits the euro (Archives). (AFP / MIGUEL MEDINA)

The former president, Valery Giscard d Estaing, wants Greece exits the euro (Archives). (AFP / MIGUEL MEDINA)

Giscard assured: Greece will find its remedy by devaluing its currency. “The fundamental question is whether the Greek economy can start and prosper with such a strong currency than the euro,” said the former president (1974-1981), this Thursday, January 19 with “Echoes”. “The answer is clearly no. But instead of focusing on this background and responding, Europeans focus on Greek debt.”

He said “Greece can not solve Today its problems only if it finds a dévaluable currency. We must therefore consider this scenario very calmly, cold in the interest of Greece itself. It is absurd to say that would be a failure of Europe. “

” Greece has its place in the European Union, however, ensures VGE. Leaving the use of the euro, it would only join countries like United Kingdom, Sweden, the Czech Republic, etc., that have not adopted Better. this output would allow him to prepare for a possible return later this orderly exit process must and can take place in a manner not. conflict, to the mutual benefit of all. This is what I would call a ‘friendly exit’, an outlet in a friendly spirit, “says Valery Giscard d’Estaing.

The new anti government -austérité Alexis Tsipras was elected on a program “impracticable with a strong currency,” he said. “Production of Greece can become competitive with the current level of the euro. Therefore, it is not able to implement its economic program, including raising the minimum wage and the extension of benefits. “

” The entry of Greece into the euro in 2001 was a clear mistake. I was against at the time and I said. The Germans were against, too. They accepted it because others, including France, insisted in sense, “he said.

Athens Thursday finally deposit his request for” extension funding “European, displaying his optimism even if the current standoff with its international creditors awakened fears of leaving the country in the euro area.


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