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Juncker urges EU to face up to 'serious' Greek troubles

European Commission President Jean-Claude Juncker gives a press conference to the European Commission in Brussels, on March 4, 2015European Commission head Jean-Claude Juncker called Saturday on the European Union to recognise the gravity of the situation in Greece — both for the country’s impoverished citizens and for the wider risks to the eurozone. What worries me is that not everyone in the European Union has understood how serious the situation in Greece is,” Juncker told German paper Die Welt in an interview published Saturday. He did not specify whom his comments were aimed at, but they appeared two days after the European Central Bank took a tough stance on extending more financial help to Greece. Although Greece’s debt problems are far from being resolved, Juncker repeated previous assertions that Athens should not leave the eurozone, noting this would amount to an “irreparable loss of reputation” for the single currency.

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