Greece and Eurobonds Divide Austria

People ♦ Published: May 25, 2012; 16:18 ♦ (Vindobona)

The Greek exit and the introduction of Eurobonds are discussed heatedly. In Austria, there is no clear tendency.

Greece and Eurobonds Divide Austria / Picture: ©

The governor of OeNB Ewald Nowotny warns of an exit of Greece. This scenario would bring enormous difficulties, Nowotny said. However, Nowotny does not deny that the Eurozone members currently work on exit strategies.

“A good central bank must be prepared for all eventualities, but it does not need to talks about all issues publicly.” Nowotny did not answer whether other…