Syriza

Greek membership in eurozone is "irrevocable" - EU

Greek membership in eurozone is "irrevocable" - EU

BRUSSELS -- European Commission spokesperson Annika Breidthardt said on Monday Greece's membership in the eurozone "cannot be revoked."

The comments came "amid growing concerns whether upcoming elections in Greece will lead to the country exiting the eurozone," RT is reporting.

SYRIZA's Tsipras Fends Off Grexit Suggestions

Greece's main opposition party SYRIZA is not intending to trigger an exit of its country from the Eurozone if it wins the early elections this month, its leader Alexis Tsipras has said.

In a statement of SYRIZA sent out to Greek-language media outlets, Tsipras adds his Coalition of the Radical Left would seek to ensure the Eurozone's stablity instead of disintegrating it.

EU Commission Says Grexit 'Legally Impossible'

The European Commission warned on Monday there was no legal mechanism which Greece could use to leave the Eurozone, a hypothetical event commonly dubbed "Grexit".

Remarks of Brussels officials followed a report by German news weekly Der Spiegel which claimed Berlin was inclined to accept a Grexit scenario after having put forth much effort to avoid it in the last years.

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