The Greek crisis has "radically intensified" and it could "turn the entire euro area on its head," according to Euro Group president Jean-Claude Juncker.
Writing in an emailed statement to Bloomberg, Juncker also warned of potential contagion risks from the crisis.
No word on what recent development has triggered these comments, or whether Juncker is merely just guilty of having loose lips again.
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Breaking now: Euro Group president Jean-Claude Juncker just said that the IMF may not give Greece the next tranche of its bailout funds next month, according to Bloomberg. Juncker says that, according to IMF rules, refinancing guara... Read Post
Greek debt is unsustainable and the country needs a "soft-restructuring" of its debt, according to Euro Group and European Council President Jean-Claude Juncker (via Bloomberg and Reuters). Juncker, speaking after the meeting of Eur... Read Post