Issuing statements which criticize Greek efforts to resolve its debt crisis could “destroy” the latest bailout deal for the embattled Mediterranean country, a key member of the Greek government told CNBC Monday.
Pavlos Yeroulanos, Cultural & Tourism Minister of Greece, warned: “If you are speaking with both sides of your mouth, one side to the markets and one side to the electorate, then you are going to destroy what you are trying to create.”
“Germany needs the euro just as much as Greece does. They need to decide whether they will make a real commitment to the euro, which has been a great thing for the German economy,” he added.
“We have taken some very important moves towards a stronger union, and then we see statements by people which undermine the steps that the EU made.”
There have been tensions between Germany – the euro zone’s strongest economy – and Greece over the 130 billion euros ($172 billion) deal. German Finance Minister Wolfgang Schaueble said that Greece’s promises “aren’t enough for us any more” earlier this month.Page 1 of 4 | Next Page