Greeks told euro exit simple as 'drinking a glass of water' | Inquirer News

Greeks told euro exit simple as ‘drinking a glass of water’

/ 11:53 AM September 04, 2015

ATHENS, Greece — A left-wing opposition leader is telling voters they won’t find a Greek exit from the common European currency hard.

Former energy minister Panagiotis Lafazanis says his Popular Unity party’s avowed aim of adopting a new national currency — which most Greeks oppose — would be as simple “as drinking a glass of water.”

The key difficulty would be taking the political decision, he told a news conference Thursday. He added that the new currency might suffer a “small, limited devaluation.”

ADVERTISEMENT

Lafazanis was instrumental in bringing down Greece’s seven-month radical left Syriza government, which has forced early elections on Sept. 20. His party of disaffected Syriza officials is polling at 4 percent.

FEATURED STORIES

Most economists say a new Greek currency would be savagely devalued, pulverizing already battered living standards.

RELATED STORIES

Greece reaches deal with creditors, avoids euro exit

Greek debt crisis being felt in Manila

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: currency, Euro, Europe, exit, Greece

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.