Greece's Euro Membership 'Irrevocable', EU Commission Stresses

Greece's Euro Membership 'Irrevocable', EU Commission Stresses

Greece's membership of the Eurozone was "irrevocable", European Commission spokeswoman Annika Breidthardt said on Monday, amid press speculation of a possible 'Grexit' that would leave the country outside the euro area.
According to Breidthardt, the EU's treaty clearly states that "euro membership is irrevocable," and she declined to comment on a 'Der Spiegel' report regarding the possibility of a Greek exit from the Eurozone.
She referred to a statement by European Commissioner Pierre Moscovici on December 29, noting that the Commission was awaiting for the results of the Greek elections.
"Now the only statement that matters is the statement that the Greek voters will make on January 25," she said.
"The euro is here to stay. The euro has proved its resilience," she added, noting that the Eurozone was continuing to expand with the addition of Lithuania as its newest member this year.

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.