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Merkel prepared to let Greece exit eurozone: report

Chancellor of Germany Angela Merkel talks to the media at the EU Council building in Brussels, December 18, 2014German Chancellor Angela Merkel is prepared to let Greece leave the eurozone if Greeks elect a government that jettisons the country’s current austerity course, Germany’s Der Spiegel news weekly reported Saturday. The report, which cited sources close to the German government, comes as polls show a radical leftist party leading the field three weeks ahead of a snap election in Greece. The Syriza party of Alexis Tsipras has pledged to reverse reforms imposed by Greece’s international creditors and renegotiate its bailout deal. “The German government considers a eurozone exit (by Greece) to be almost inevitable if opposition leader Alexis Tsipras leads the government after the election and abandons budgetary discipline and does not repay the country’s debts,” Der Spiegel reported on its website.

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