Seanad debates

Thursday, 25 June 2015

10:30 am

Photo of Paul BradfordPaul Bradford (Independent) | Oireachtas source

It would be a major leap into the dark if Greece left the eurozone. There is no example of what happens when a country leaves the eurozone. This would be the first such example. Undoubtedly, there could be a grave threat of contagion which could affect not just Athens but the entire European Union to Achill Island. It is important that our Government and other governments in the EU work very constructively. I concede that we may not like the politics of the Greek Prime Minister or his government but his government is elected. It will probably not be elected next time but the Greek people will still remain. Their plight is very serious. It is one of the oldest civilisations in Europe. As I said here previously, Greece is not just about feta cheese. Greece is the home of democracy and civilisation and is a most cultured country. It is shameful and deeply distressing to see what is happening there at the moment. Much of it is happening as a result of the wrong political decisions taken by its own governments over many years but rather than punishing it and displaying it as an example of what not to do, we must do everything possible to work with it. I would be shocked if the Taoiseach and Minister for Finance were not thinking along the same lines but the next 24 or 48 hours will be crucial. The entire European project, not just the eurozone, is at severe risk if a solution is not found. The solution must not be based on settling political or economic scores. It must be based on trying to ensure that support is given and Greece can remain in the eurozone and remain an active part of the European family of nations. There are forces outside Europe, and certainly forces outside the EU, that are hoping that it will go wrong for Greece and that they can pick up the pieces. These forces are not too far away from Greece geographically. We must work against that.

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