It is possible for member states to quit the eurozone, but any such move would be highly risky, European Central Bank (ECB) governing council member Christian Noyer said in a closed appearance in the French National Assembly last week.
According to a published summary of the intervention, which took place on 29 June, Mr Noyer stated "It is possible for a country to leave the eurozone because states are sovereign".
"Such a move would raise the question of that state's ability to re...
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Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.