Germany: "Raus"

From Yahoo:
"German calls for Grexit mount as EU stunned by 'No' vote"

France and Germany called for an emergency summit of euro zone leaders to discuss Greeks' stunning referendum vote on Sunday to reject bailout terms, as calls mounted in Berlin to cut Greece loose from Europe's common currency. German Chancellor Angela Merkel's deputy said Athens had wrecked any hope of compromise with its euro zone partners by overwhelmingly rejecting further austerity. Merkel and French President Francois Hollande conferred by telephone and called for a euro zone summit on Tuesday. They will meet in Paris on Monday afternoon to seek a joint response.

But Vice-Chancellor Sigmar Gabriel, leader of Merkel's centre-left Social Democratic junior coalition partner, said it was hard to conceive of fresh negotiations on lending more billions to Athens after Greeks voted against more austerity. Leftist Prime Minister Alexis Tsipras had "torn down the last bridges on which Greece and Europe could have moved towards a compromise," Gabriel told the Tagesspiegel daily. His comments, saying Greeks had rejected the rules of the euro zone, reflected a mounting public demand in the most powerful EU country, which is also Greece's biggest creditor, to eject Athens from the 19-nation currency area. It was not clear whether Merkel, who has repeatedly said she wants to keep Greece in the euro zone, would shift to a similarly hard line. But senior lawmakers in her conservative bloc also spoke firmly: "Now one has to ask the question whether Greece would not be better off outside the euro zone," Hans Michelbach, a member of the Bavarian Christian Social Union told Reuters. "Unfortunately, Greece has chosen a path of isolation." The vote sharpened differences between Greece's few remaining sympathisers in the euro zone - mostly in Italy and France - and hardline countries led by Germany which are fed up with pouring loans into Greece. Italy's foreign minister, Paolo Gentiloni, said the euro zone should resume efforts to reach a deal with Athens. "Now it is right to start trying for an agreement again," he tweeted. "But there is no escape from the Greek labyrinth with a weak Europe that isn't growing." There was a thunderous silence from top EU policymakers in Brussels and Frankfurt who conferred by telephone but avoided public comment on an outcome that was a stunning setback for euro zone governments but delighted anti-EU populists. Euro zone officials said there was no immediate plan for an emergency meeting of the 19 finance ministers of the currency area and no clarity about the way forward with Greece. The 60-40 margin of defeat for the terms of a cash-for-reform deal which the leftist Greek government rejected a week ago shocked EU officials who had been heartened by opinion polls showing the 'Yes' camp gaining ground as bank closures and the rationing of cash withdrawals began to bite. It was a personal blow for European Commission President Jean-Claude Juncker, one of the architects of the euro, who worked for months to try to broker a debt deal with Tsipras despite misgivings in Berlin.

 Any future negotiation would run up against the hardening of opinion in Germany. The head of Germany's savings bank association said Greece had broken with the rules of the euro zone and should leave the currency bloc. The head of the German exporters' body said he could not see how Greece could stay in the euro zone now. Hardline German Finance Minister Wolfgang Schaeuble, denounced in 'No' campaign posters as a blood-sucker, has leaned towards making an example of Greece and pushing it towards the exit, sources familiar with his thinking say. In a weekend newspaper interview, Schaeuble said Athens might consider leaving the currency area temporarily.

Eurosceptics around the EU were jubilant at the rejection of what French far right National Front leader Marine Le Pen called "the European Union oligarchy". "It is 'No' vote o  freedom, of rebellion against European 'diktats' of those who want to impose the single currency at any price, through the most inhuman and counter-productive austerity," she said in a statement. In Britain, anti-EU UK Independence Party leader Nigel Farage commended Greek voters for "calling the EU's bluff". "EU project is now dying. It's fantastic to see the courage of the Greek people in the face of political and economic bullying from Brussels," he said.

 

 ^ It seems that Germany (which is really the sole leader within the European Union) is made that any member (especially one like Greece) would dare to go against their (ie the Germans) vision of the EU and the Eurozone. Once Germany said there was no chance of any country leaving the Eurozone, but now it looks like the Germans are spear-heading the campaign to fast-track Greece's withdrawal. Germany, and every other EU member, should have known how bad Greece's economy and its over-spending was when they did the check before allowing Greece into the Eurozone in the first place. It seems that the Germans and other member states willingly over-looked the data and facts they found in Greece so that their dream of an EU with all of Europe (minus Belarus and Russia) in it. I guess what the Germans didn't want to see right in front of them is now going to hurt not only them, but also every member country that uses the Euro. I believe this is the beginning of the end for the Eurozone. It may take some years, but once one country leaves the whole system will come tumbling down. Anyone who has studied even basic European history knows that a political union like the European Union became too big, too quickly and that the smaller member nations would become the pawns of the larger member nations (ie Germany and France.) The UK has always been skeptical of the EU since it joined in the 1970s and that's why they have so many opt-outs of EU laws (like joining the Eurozone.) The UK even wants to hold a referendum to decide if they should stay in the EU. ^

http://finance.yahoo.com/news/german-calls-grexit-mount-eu-204603951.html