Ad
The possibility of Greece defaulting raises the prospect of Greece exiting the euro entirely. (Photo: Anders Sandberg)

Senior officials discuss Greek default

Eurozone officials have, for the first time at senior level, discussed what would happen if Greece defaults on its payments.

Officials from the 19 euro countries’ finance ministries, including Greece, discussed the possibility at a meeting in Bratislava on Friday (12 June).

"It was a preparation for the worst case. Countries wanted to know what was going on”, one official told the AFP news agency.

A second official said: “A default was mentioned as one of the scenarios th...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here

Author Bio

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.

The possibility of Greece defaulting raises the prospect of Greece exiting the euro entirely. (Photo: Anders Sandberg)

Tags

Author Bio

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.

Ad

Related articles

Ad