German Vice Chancellor Says “European Break Up No Longer Unthinkable”
by Tyler Durden
ZeroHedge.com
Jan 7, 2017
There was a time when even the merest hint of a breakup of the Eurozone was considered a taboo topic in Europe. Who can forget Mario Draghi’s response to a question from Zero Hedge readers who wondered if there is a “plan in place if a nation is forced to step out of the Eurozone” to which Draghi’s response was that “if the Euro breaks down, and if a country leaves the Euro, it’s not like a sliding door. It’s a very important thing. It’s a project in the European Union. That’s why you have a very hard time asking people like me “what would happened if.” No Plan B.”
In short: to demonstrate just how “cohesive” Europe was, even the mere possibility of a break-up was unthinkable, i.e., “no plan B”.
Fast forward three years later, when things in Europe have changed dramatically, and unfortunately for the worse as many warned, because as Reuters reports citing Germany’s second in command, Vice Chancellor Sigmar Gabriel, “a break up of the Eurozone is no longer unthinkable.”
The Rest…HERE
