Greece may be forced out of eurozone - German MP

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Greece may have to temporarily leave the euro currency bloc in order to shore up its finances, a member of Germany's junior coalition party said today.

Juergen Koppelin, a budget spokesman from Germany's free democratic party, said on German radio a temporary exit from the single currency would allow the debt-ridden nation to bolster its financial health by devaluing its currency. But the call from a member of Angela Merkel's centre-right coalition comes despite the German Chancellor yesterday ruling out the option of Greece leaving the single currency zone. Merkel also said Greece will only be able to access the €45bn aid package, recently agreed by the EUand IMF, if it puts in place tough austerity measures. A new round of prote...

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