Mario Draghi: Grexit would lead to "uncharted territory"

Mario Draghi: Grexit leads to "uncharted territory"

European Central Bank governor Mario Draghi said that should Greece exit the eurozone, the European Union would be entering ''uncharted territory''.

THETOC TEAM
ΓΡΑΦΕΙ: THETOC TEAM

ECB governor Mario Draghi said Monday that should Greece exit the eurzone, the European Union would be entering ''uncharted territory''.

Even if the latest reforms of the financial system mean that there are ways to manage the short-term period, he noted, ''over the medium-long term what will the consequences on the EU be? This we are unable to predict.''

Speaking in the European parliament, Mario Draghi said that he did not want to speculate on a possible non-payment of loans due by Greece since ''we have the Greek authorities' word'' that this will not happen.

Source: ANSA

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