Bloomberg News

Stark Says Euro Would Survive Greek Exit, Die Welt Reports

May 20, 2012

Juergen Stark, a former member of the European Central Bank’s executive board, said the euro would survive Greece leaving the common currency, Die Welt reported, citing an interview.

The euro will last and its future isn’t dependent on a certain number of members or a particular country remaining one, the newspaper cited Stark as saying. He called a German exit “unthinkable” and the idea the country could return to the deutsche mark was “pure nostalgia,” Die Welt said.

To contact the reporter on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@Bloomberg.net


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