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Russia’s EU envoy believes Greece won't default and leave EU

March 23, 2015, 17:52 UTC+3 MOSCOW
The decisions made by the Greek government will ensure gradual improvements in the economy
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MOSCOW, March 23. /TASS/. Greece will not default and leave the European Union, Russian Ambassador to EU Vladimir Chizhov told a press conference on Monday.

"If Greece defaults, it will shock the Eurozone to such extent that the future of the common European currency will become really worrisome," Chizhov said. "I think it will not come to this, and Greece will not leave the Eurozone. At least, the current Greek authorities do not plan to do this," the diplomat added.

"The situation is complicated by the time factor," he noted. "Loans need to be repaid, some of them very soon, and they [Greek authorities] have to find money somewhere," Chizhov said.

The diplomat reminded that Greek Prime Minister Alexis Tsipras is currently on his first official visit to Germany. "Emotions are running high on both sides, though they both understand that it’s not only Germany’s business. Problems in the Greek economy are being solved in the format of the European Group, consisting of 19 member-countries of the European Union," Chizhov said. "The Greek government is facing hard tasks. On one hand, they have to pay back the loans. On the other hand, they have to fulfill their election campaign promises," he added.

"The decisions, only partial for now, made by the Greek government will ensure gradual improvements in the economy," the ambassador concluded.

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