FRANKFURT (MNI) – Greece must decide whether it is ready to
implement the necessary reforms that will allow it to stay in the
Eurozone, German Economy Minister Philip Roesler said in an article in
the daily Frankfurter Allgemeine Zeitung on Thursday.

“Now Greece must decide whether the state and the society are ready
for necessary budget and structural reforms,” Roesler said, citing a
simplified tax system and visible progress in privatization efforts as
two key elements.

“I would be happy if Greece musters the necessary strength and
resolve. However, should the report of the troika of the European
Central Bank, the EU Commission and the International Monetary Fund show
in September that this is not the case, there can be no further
financial aid,” Roesler said.

“Especially in an environment of heated debate we must always keep
in mind: Europe has a price but at the same time, it has a general
value,” Roesler, who is a member of the government’s junior coalition
partner, wrote.

“Only those fighting for a competitive and strong Europe can
preserve this value,” Roesler said, arguing that Europe needs joint
values and rules to which all members adhere to. “The euro must not fail
because of Greece,” he said.

–Frankfurt bureau; +49-69-720142;

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