Young Fine Gael (YFG) and the Board of the Youth of the European People's Party (YEPP) have today (Thursday), criticised the unilateral decision of the Greek Prime Minister to put the recent EU Summit's agreements to a national referendum without consulting or informing his EU partners.
"This is a dangerous move that will jeopardise the stability of the eurozone and could have dire consequences on all members of the currency union and our close trading-partners," said Colm Lauder, Deputy Secretary General of YEPP.
"If Greek voters reject the bailout plan, it could result in the first default of a eurozone member state, causing unprecedented trouble to the Greek people and severely undermining both the credibility and the future of the monetary union. In delaying decisions by waiting for a referendum result, this will leave the eurozone in an unprecedented period of instability," Colm Lauder continued.
Read more: Greek Referendum Proposal Must Be Reversed
Minister for European Affairs, Lucinda Creighton TD, is in Cyprus today (Thursday) to meet the new Cypriot Minister for European Affairs, Mr Andreas Mavroyiannis. Minister Creighton will discuss preparations for Ireland's presidency of the European Union. Ireland takes over the EU presidency from Cyprus on 1st January 2013.
Speaking in Nicosia, Minister Creighton said: "A core component of our presidency preparations will be closely following the progress made by both the Danish and Cypriot presidencies on key issues including the Multi-Annual Financial Framework, the reform of the Common Agricultural and Fisheries Policies and climate change issues.
Read more: Minister Creighton in Cyprus as part of Ireland’s preparations for Presidency of the European Union