‘It is a matter of principle’: Italy to send aid to Greece
Italy has agreed to send humanitarian aid to help Greece after a humanitarian crisis, after the European Union (EU) warned that it would have to turn away aid from the country in a bid to stem the crisis.
On Wednesday, the European Commission warned that Italy would have no choice but to turn back aid from Greece, because the country’s debt to the EU is a “matter of principle”.
This will mean that it will not be in a position to provide financial support for Greece in the event of a default.””
Italy cannot assume responsibility for the future of Greece,” the statement added.
“This will mean that it will not be in a position to provide financial support for Greece in the event of a default.”
It will therefore be in Italy’s interest to turn a blind eye to Greece’s current fiscal problems and help it recover from them, through measures like the creation of new capital markets and the creation and support of other institutions.””
It is also important to remember that, despite the efforts of the EU to support the Greek economy, Greece’s economic problems cannot be cured overnight.
It cannot decide which member state will have to follow its rules, nor will it dictate the policies and decisions of other member states.” “
The EU cannot impose its own rules on Greece.
It cannot decide which member state will have to follow its rules, nor will it dictate the policies and decisions of other member states.”
The statement also warned that the Greek government could face a financial crisis and that a return to default would have a negative impact on the country.
“We are convinced that a country with such a large debt burden and such an extremely unstable economic situation, where the only option left is a default, would not be prepared to accept any sort of bail-out,” the EU Commission added.
“We believe that the most urgent measure to be taken is a return of Greece to the euro area.
This would enable the country to take measures to avoid a repeat of the situation that prevailed in 2012-2013 and could, in turn, reduce the debt burden for Greece.””
A country with a huge debt burden like Greece, whose economy is suffering from the consequences of its debt, can not only not wait until the end of its crisis, it cannot accept a bailout even if it wants to,” the Commission added in its statement.
“It will, therefore, have to go through a period of adjustment in order to get out of the eurozone.
The EU will also work with Greece and other European partners to provide additional support to the Greek people, in order that Greece can regain its sovereignty and sovereignty will be restored.”
In its statement, the EU also warned against the “false narrative” that the crisis in Greece was due to its austerity measures.
“There is no need to blame the government of Greece for the crisis, because it has acted in good faith and in the interest of the people of Greece, and it has taken steps to solve the crisis and restore stability,” the European Council stated.
Italy is a member of the European Community and a member in good standing of the Eurozone.