(MENAFN- Kuwait News Agency (KUNA)) The President of the Eurogroup Jeroen Dijsselbloem Thursday warned that the situation in Greece will become more difficult and complicated if the Greeks vote No against austerity programme on Sunday's crucial referendum.
"The situation is only getting worse, due to Greek government's behaviour," Dijsselbloem, who is also the Dutch finance minister, told the Dutch parliament in the Hague.
"In case of a "No", Greece's situation will become exceptionally difficult. The economic problems will be even bigger," he warned.
If Greeks say NO "there is no base for a new programme, but there's also the question whether a base remains for Greece in the eurozone," stated the Eurogroup chief.
Meanwhile, Greek prime Prime Minister Alexis Tsipras in a televised address to the nation on Wednesday called on Greeks to vote NO in Sunday's referendum.
Greece on Tuesday became the first European country that failed to repay 1.5 billion euro to the International Monetary Fund, thus raising fears of an exit from the eurzone and probably from the EU itself.
In a related development, NATO Secretary General Jens Stoltenberg Thursday said "we are concerned about the fiscal crisis and the debt crisis which Greece is facing. And we follow very closely the efforts by the European Union and the Euro Zone countries to solve these problems."
"I think it's important that I, as Secretary General of NATO, leave this to the European Union and to the Euro Zone countries to solve this crisis and these challenges and these problems. What I can say that I hope it is possible to find a solution; because that would be good for Greece. It would be good for Europe. And it would be good for NATO," he told journalists during a visit to Romania.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.