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GreekReporter.comEuropeBloomberg: "European Leaders Should Give an Explanation Instead of Threatening"

Bloomberg: “European Leaders Should Give an Explanation Instead of Threatening”

“If European leaders fail in this attempt, then there is a possibility of being accused later regardless of the fact that some of Greece’s problems are self-created”, ‘Bloomberg’ reports.

According to the article on Bloomberg, titled ‘Greece’s turmoil makes the necessity of debt-relief more urgent’, European leaders should explain to Greeks why the imposed measures are essential and how their own government can help stabilize the common currency instead of threatening them with a potential exit from the Eurozone.

Moreover, Bloomberg emphasizes that the German austerity plan is not sufficient and should be broadened.

Finally, Bloomberg says that a bigger deletion should be done concerning Greece’s debt in order for the rescue package to be sufficient, and that more capital should be committed to European countries so that Europe’s coherence can be preserved.

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