Dutch premier Rutte thinks Greek credit is good, even in case of bankruptcy

politics | Jun 10, 2012 | By Martin Barillas

Speaking on a morning talk show in Amsterdam, the incumbent Dutch prime minister Mark Rutte said on June 10 that he believes the euro is here to stay. So confident is the outgoing premier, he said that the euro will continue to exist 50 years from now.

On the subject of the current economic crisis and a faltering euro, Rutte said “We will work things out.” Rutte said that the measures taken in the last year and a half mean that the whole euro zone is now in better shape. The Dutch politician gave assurances that Greece, now undergoing a severe political and economic crisis, will indeed repay its loans despite widespread fears to the contrary. Perhaps signally a chink in his rosy report, Rutte said that Greek creditors can still feel confident about the Hellenic Republic even in case of a bankruptcy, “but then it would take longer.” Prime Minister Rutte said that a country simply cannot afford not to repay its debts, because it would never get another loan.



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Spero News writer Martin Barillas is a former US diplomat, who also worked as a democracy advocate and election observer in Latin America. His first novel 'Shaken Earth', is available at Amazon.

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