According to the British "Daily Telegraph" reported that the former German central bank officials, the Euro-founder of Otmar Issing, said on the 10th, the euro area start-ups should contain less than the current Member States, the euro zone may be moving towards the rupturestruggling in the economic quagmire of the member states should be canceled membership. Stretched the Greek government will be on the 14th auction of ? 3.125 billion of short-term treasury bonds, plans to raise 5 billion euros to repay the bonds will be due on the 20th.
Issing, said: "Without doubt, the disintegration of the euro area will be a major disaster. However, if the euro area is struggling with the debt crisis in Europe for a long time, eventually leading to damage to the reputation of the ECB, this result will be even more devastating." He believes that to solve their economic problems, some members out of the euro has been the outcome of crying over spilled milk, from small number of member states to start an orderly exit, any country should exit the idea is essentially blackmail the euro area. Some countries should withdraw from the euro zone, Germany should make every effort to maintain its membership in the. Issing, although not specifically mentioned Greece, but the market is worried about the economy battered by the long hovered on the edge of non-national, exit the highest risk in the euro area.
The Greek government said the country will be held on the 14th auction of ? 3.125 billion for a period of 13 weeks of short-term government bonds, is expected to raise 5 billion euros to 3.1 billion euros bond repayment will be due on the 20th. The main creditors of the debt is the European Central Bank.
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