Senior German Lawmaker: Greece May be Better Off Outside Eurozone

A woman in a wheelchair celebrate the results of the first exit polls in Syntagma Square in Athens, Greece July 5, 2015. REUTERS/Yannis Behrakis
A woman in a wheelchair celebrate the results of the first exit polls in Syntagma Square in Athens, Greece July 5, 2015. REUTERS/Yannis Behrakis

Senior German conservative lawmaker Hans Michelbach told Reuters on Sunday that Greece might be better off outside the single currency after early referendum results showed the country was poised to reject euro zone bailout terms.

“Now one has to ask the question whether Greece would not be better off outside the euro zone,” said Michelbach, a hardline member of the Bavarian Christian Social Union (CSU) and part of Chancellor Angela Merkel’s conservative bloc.

“Unfortunately, Greece has chosen a path of isolation,” he said, adding that if a ‘No’ vote won, as results indicate, he saw no basis for further aid for Greece.

(Reporting by Gernot Heller; Writing by Madeline Chambers; Editing by Noah Barkin)

SOURCE: Reuters

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