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Exclusion from the Eurozone: Westerwelle Supports Spindelegger

Politics ♦ Published: August 22, 2012; 19:35 ♦ (Vindobona)

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The German Minister of Foreign Affairs Guido Westerwelle thinks that a breach of contract should lead to the exclusion from the Eurozone.

Exclusion from the Eurozone: Westerwelle Supports Spindelegger / Picture: © Vindobona.org

Last week, Austria´s Vice-Chancellor and Minister of Foreign Affairs Michael Spindelegger argued that countries which do not comply with their obligations should leave the Eurozone. Spindelegger said that the EU should be able to implement hard sanctions. In an interview with “Kurier”, Spindelegger stated: “An investor must see that the European Union can bear the consequences.…