German Finance Minister Wants Greece Out Of Eurozone, Stirs Mix Reactions

With all the troubles coming Greece's way, this is not the most encouraging remark they want to hear these days.

Irish Times reported German finance minister Wolfgang Schäuble has spoken about his side on resolving Greece's debt turmoil. He stated that the Greeks should take drastic measures to get out from this huge dilemma to the extent of leaving the eurozone.

During a national radio interview, Schäuble has admitted on national radio that Greece will be better off alone without the euro. He highlighted that the Greek exit will be a great strategy to restructure its debts.

In the interview, the financial minister laid down some personal insights that have been running in his head since the issue has broken out. He even admitted that at some point, his ideas are already contradicting Chancellor Angela Merkel's. Nevertheless, he is still out-spoken that he will "bow to her wishes" and also, supports talks for a third bailout on Friday in the Bundestag.

Meanwhile, this remarks from Mr. Finance Minister himself stirred a couple of contradicting reactions in the region, the New York Times indicated.

There are evident signs of strong backing within Germany for being tough on Greece these days to the extent of seeing them leave the euro just to secure the common currency's chances of thriving in the future.

However, on the other side, critics have started some boycott campaigns against German products. They strongly believe that Ms. Merkel and Mr. Schäuble had no respect and "unjustifiably humiliated" Greece and its prime minister.

Meanwhile, Jeroen Dijsselbloem of the Netherlands, the leader of the eurozone finance ministers, cried foul on Mr. Schäuble's suggestion for a Greek exit. New York Times quoted him saying, "If you reach an agreement after such long and hard talks, you have to stand behind it," he said. "And that goes for all sides."

In the end, Mr. Schäuble pointed out that he was not hell-bent on pushing the Greeks out, of course. Rather,  he was only talking about a temporary exit from the euro, the New York Times writes.