EC ‘s Moscovici: ‘I only have a plan A – Greece in the euro zone’
FXStreet (Mumbai) - European Commissioner (EC) Pierre Moscovici said on Monday that the Greek government needs to urgently deliver a reform plan to remain in the 19-nation euro bloc.
Moscovici further explained that his job is not to prepare the exit of Greece from the euro zone but, on the contrary, to prevent such a scenario.
Key Quotes:
"I have no plan B, I only have a plan A, and plan A is Greece in the euro zone, but for Greece to stay in the euro zone we need reforms now, we can't prevaricate,"
"We really need - now, there is no time to lose - that the Greek government delivers the reforms we're asking for."