Juppe: Eurozone chaos a danger to the EU project

 
Tim Wallace
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FRENCH foreign minister Alain Juppe warned Greece that it must stick to the terms of the bailout agreement, in a speech in Australia yesterday.

“Greece has to correct its mistakes,” he said. “They also have to honour the commitments that they have made.”

He upped the pressure on the debt-stricken government to follow its planned fiscal readjustment, explaining that “we cannot allow the Euro to fall apart, because that would also apply to Europe as a whole”.

Juppe also called for more centralised fiscal authority. “The sole currency cannot really function unless there is economic power and European government as such around the Eurozone,” he announced.

In the outspoken speech, Juppe also attacked the UN for failing to do more to prevent violent crackdowns on dissidents in Syria.