{"id":149028,"date":"2010-01-07T07:10:59","date_gmt":"2010-01-07T12:10:59","guid":{"rendered":"http:\/\/www.businessinsider.com\/greek-minister-furious-as-european-central-bank-says-it-would-let-the-country-collapse-2010-1"},"modified":"2010-01-07T07:10:59","modified_gmt":"2010-01-07T12:10:59","slug":"greek-minister-furious-as-european-central-bank-says-it-would-let-the-country-collapse","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/149028","title":{"rendered":"Greek Minister Furious As European Central Bank Says It Would Let The Country Collapse"},"content":{"rendered":"

\"greece<\/p>\n

A top European Central Bank (ECB) economist made it clear yesterday that Greece won’t get a bailout and Greece’s finance minister is furious — because they don’t even need a bailout.<\/p>\n

WSJ:<\/a> “Whoever believes that, at the end, the European Union’s members will put their hands in their pockets to save Greece, will end up deluded,” Mr. Stark said in an interview with Italian financial daily Il Sole 24 Ore.<\/p>\n

More from the Telegraph:<\/a><\/p>\n

The comments prompted an acid retort from Greece’s new-broom finance minister, George Papaconstantinou. “Frankly we don’t need that clarification. We don’t expect to be bailed out by anybody as, I think, it is perfectly clear we’re doing what needs to be done to bring the deficit down and control public debt.”<\/p>\n

Thing is, given that Greece is part of the euro currency system, it’s hard to imagine how the ECB could let any nation fail. Aren’t all euro currency nations too big to fail?<\/p>\n

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