When it comes to money, Germany and the Netherlands aren’t kidding. Both nations are out of patience with Greece, although the message is divided, and both are beginning to talk about Athens being compelled to exit the euro zone.
The fact that Greece has missed economic goals set by the International Monetary Fund (IMF) and the European Central Bank (ECB) is the force behind their discontent, says Reuters. A Thursday report said that the possibility of Greece’s expulsion from the euro zone is beginning to be discussed openly, although it has been the subject of out-of-the-public-eye conversations for some time.
Despite a UBS paper that said chances of a euro breakup were near zero, as previously reported by AdvisorOne, this is not the first time Germany has voiced its opinion that Greece does not belong in the euro zone. Horst Seehofer, head of the Bavarian Christian Social Union (CSU), said Wednesday in a newspaper interview that Greece might be forced out.