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De Standaard - Belgium | Wednesday, July 1, 2015

The Eurozone's incredible mistake

It was an enormous mistake of the Eurozone to manoeuvre Greece into a situation in which it had to default on an IMF payment, the liberal daily De Standaard laments: "It is a shameful defeat for all involved leaders that a member of the Eurozone has been forced to default on its financial obligations. The euro is not merely a market instrument that obeys the laws of supply and demand. It is the concrete expression of the will of hundred of millions of Europeans to share a common destiny. The way in which this will has been played with in recent months has damaged the credibility of the entire European project. … It is an irreparable disgrace. Regardless of the referendum on Sunday and how the Greeks vote, Europe will have to live with this incredible mistake from now on."

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