China's ambassador to the EU has said Greece might default despite EU and IMF efforts, but indicated that Beijing will continue to support the single currency.
"Despite the recent payment of €12 billion by the EU and IMF, some of the fundamental problems in Greece have not yet been resolved ... People are still discussing if there will be a restructuring [of Greek debt] or a default, obviously a restructuring would have much smaller negative consequences," ambassador Song Zhe told pres...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.