Juncker: Greece cannot be kept in the euro at all costs

09-Sep (Telegraph) — Jean Claude-Juncker has warned Greece’s third government in four years that it will have no flexibility over the terms of its new €86bn bail-out plan and could still face the prospect of a disorderly eurozone exit.

Addressing parliamentarians in his annual “State of the Union” speech in Strasbourg, Mr Juncker defended his personal role in seven months of crisis talks with Athens.

“It was important that [the Greeks] understood that they would not be saved at any cost,” he said of the third bail-out agreement, reached in August.
Mr Juncker said any new government would have to fully abide by the punishing conditions laid out by its creditors to keep Greece in the euro for at least another three years.

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PG View: Juncker fires a shot across the bow of the next Greek government . . . reneging on the terms of the bailout deal will not be tolerated.