PARIS: Greece exit from the eurozone risks causing an "unpredictable" spread of the debt crisis, a scenario which France will work to avoid at all cost, French Finance Minister Pierre Moscovici said Tuesday.
"Everything must be done to help pro-European and pro-euro forces in Greece," ahead of repeat elections due next month, Moscovici told AFP, citing "measures to boost growth and give back hope to the Greek people".
Moscovici was also confident that Paris and Berlin will find compromises on a string of French proposals to relaunch economic growth in Europe even though both capitals currently disagree on eurobonds.
"Compromises are possible, notably on boosting the capital of the European Investment Bank, the mobilisation of unused structural funds and the creation of a European tax on financial transactions," he said after talks with German counterpart Wolfgang Schaeuble in Berlin.
Moscovici said he and Schaeuble had found "a common language" to face the current crisis.
"Wolfgang Schaeuble's talk was very positive," he said on the plane that took him back to Paris.
However Moscovici saw still "major disagreement" between Paris and Berlin on eurobonds whose introduction would allow embattled governments to borrow from financial markets more easily by having their debt guaranteed by fellow EU members.
German Chancellor Angela Merkel has adopted a hard line against eurobonds, arguing that Germany Europe's largest economy and the state with the lowest borrowing costs would pick up the tab if eurozone debt were pooled.




















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