Grexit to Cause ‘Domino Effect’ Among Weaker Economies – Italian Lawmaker
SputnikNews.com
02.07.2015
The leader of the Eurosceptic party said he would in fact welcome Grexit as Europe should be reformatted from scratch.
MOSCOW (Sputnik) — If Greece leaves the eurozone, many EU countries with weaker economies are likely to be negatively affected, leader of Italy’s right-wing Lega Nord political party Matteo Salvini told Sputnik Italy on Thursday.
On Tuesday, Greece’s latest bailout program expired as the country failed to agree to its lenders’ demands for harsh austerity and economic reforms. Athens has been trying to unlock financial aid in order to avoid defaulting on its immense debt.
“If Greece leaves the euro [area], the Brussels’ house of cards will face serious repercussions. I do not say that everything is due to automatically collapse the following day, but for sure, that would exactly cause a domino effect in the economically disadvantaged countries,” Salvini said.
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