The fear among the
euro-group nations is that if Greece leaves the EU, there will be a domino effect with the result that the weaker members of the EU such as Portugal and Spain will leave as well.
Jurado affirmed that his country was right when it decided to seek help from the Euro-zone, noting that the end of the program was a good news for both Spain and the Euro-group.
He was commenting on the statement by President of the Euro-group Jeroen Dijsselbloem that Spain and Ireland became the first of the five bailout European beneficiaries to exit the program.
Mr Darling said while Britain wanted to see stability restored, it was up to the euro-group countries to support the euro.
But I am very, very clear that if there is a proposal to create a stability fund for the euro, that has got to be a matter for the euro-group countries.
Tory
euro-group leader Giles Chichester said he was studying the exact remarks and would decide on what to do, "if anything", yesterday.
Not yet the last word on the European Union's fate, just the way that Jean-Claude Juncker closed the
euro-group press conference in the early hours of June 7.
BRUSSELS, April 12 (KUNA) -- Finance ministers of the 17-member
Euro-group reached on Friday a political agreement on the Memorandum of Understanding with Cyprus to approve a 10 billion euro bailout to save the Mediterranean island from bankruptcy.
BRUSSELS, March 21 (KUNA) -- Finance Ministers of the 17-member
Euro-group Thursday night held a teleconference to take stock of the developments in Cyprus.
I don't think that we'll have a final decision today; this is not a disaster, the debate has to be continued," President of the
Euro-group Jean Claude Juncker told reporters before the meeting.
He said he expects Sunday's meeting of finance ministers of the
Euro-groupFrench Minister for Economy, Finance and Industry, member of the
Euro-group
