Defence minister says Greece has Plan B if EU rigid on deal

"It could the United States at best, it could be Russia, it could be China or other countries".

Defence minister says Greece has Plan B if EU rigid on deal

World Bulletin / News Desk

Greek Defence Minister Panos Kammenos said that if Greece failed to get a new debt agreement with the euro zone, it could always look elsewhere for help.

"What we want is a deal. But if there is no deal - hopefully (there will be) - and if we see that Germany remains rigid and wants to blow apart Europe, then we have the obligation to go to Plan B. Plan B is to get funding from another source," he told Greek television show that ran in to early Tuesday.

"It could the United States at best, it could be Russia, it could be China or other countries," he said.

Kammenos is the leader of Independent Greeks, a nationalist anti-bailout party that is the junior coalition partner of Prime Minister Alexis Tsipras' radical left Syriza party.

Meanwhile, British finance minister George Osborne said the danger of a miscalculation leading to a "very bad outcome" between Greece and the euro area is increasing, Bloomberg reported.

"It's clear that the risks to the world economy, the risk to the British economy of this standoff between the euro zone and Greece, is growing each day," Osborne said in an interview with Bloomberg Television in Istanbul late on Monday.

"The risks of a miscalculation or a misstep leading to a very bad outcome are growing as well," Osborne said. 

Greece is seeking a new debt agreement with the euro zone that will allow it to shake off much of the austerity that has been imposed by a European Union/International Monetary Fund bailout since 2010.

The euro zone, particularly Germany, has shown no willingness to ease its requirement that Greece make deep budget cuts and economic reforms.

Last Mod: 10 Şubat 2015, 10:41
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