Cameron quoted as saying Grexit might be better option for Athens
Newly re-elected British PM David Cameron, whose UK is proudly not a eurozone member, was reportedly quoted on Friday as saying “Grexit” might “be better” for Greece.
Guardian ran the story late in the afternoon, attributing the comment to a “leaked diplomatic document”.
The same document, according to the British daily, noted that although Cameron considers Athens’ euro area exit as the best option, he also “acknowledged”n that such a prospect carries a “major risks”.
Guardian published the note, which read: “On Greece, the PM wondered if it was wise for Angela Merkel to allow the discussion with Greece to take place at PM level and mused that it might be better for Greece to leave the eurozone in order to sort its economy out – though also accepted that there were major risks in that too.”
Meanwhile, the WSJ warned that even if an 11th-hour deal is achieved at Saturday’s Eurogroup meeting, there may not be enough time for Athens to make a 1.55-bln-euro installment to the IMF on June 30.
The NYC-based newspaper quotes a “senior EU official”.
The delay reportedly involves the time needed for a number of Parliaments of eurozone countries to ratify the agreement allowing for the disbursement of the money cited in the deal.
“That would mean Greece would go into arrears with the IMF for a few days … a move that would potentially destabilize markets even further,” WSJ quotes the official as saying.
In straying into “danger-mongering” territory, the same media provider referred to a “Plan B” potentially eyed by the eurozone, with the same official quoted as using the dreaded “cc” combination: capital controls (next week).
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