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Greece will always be member of eurozone: Greek minister

Greek Finance Minister says that that Greece will never leave the eurozone following talks with EU and IMF auditors

AFP , Wednesday 21 Sep 2011
Greece's Finance Minister Venizelos addresses lawmakers during a parliament session in Athens (Reuters)

Greece will stay for ever in the eurozone, Greek Finance Minister Evangelos Venizelos told parliament on Wednesday after two days of talks with EU and IMF auditors on its debt crisis.

"Greece is and will forever be a member of the eurozone," he said, adding that "we will do anything, we will not place at risk the fate of the country and its place in the eurozone."

Auditors from the European Union (EU), European Central Bank and IMF, the so-called "troika" agreed overnight to resume work in Athens on judging progress made on past promises, and new commitments to cut the deficit and reform the economy.

Their findings will determine whether the EU and IMF release the next slice of rescue money under a first bailout last year. Greece needs the money to avert default next month which would pose serious dangers to the entire eurozone.

Venizelos paid tribute to the troika, after two days of tough talks on stronger budget action.

"If there was no troika control we would have foundered fiscally," he said "The eurozone knows that the Greek problem will only be solved within the eurozone."

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