Borg: Greece likely to leave euro

Published fredag 12 oktober 2012 kl 19.26
Swedish foreign minister, Anders Borg, of the conservative Moderates

The man in charge of Sweden's economy says that Greece would benefit from leaving the euro. 

Finance Minister Anders Borg is at a Tokyo meeting of other powerful figures from the world of business, under the umbrella of the International Monetary Fund (IMF).

He says to Swedish Radio News that, whatever the financial powerbrokers decide in Japan, Greece could be forced to leave the euro anyway. "It is hard to see an alternative way that would work", he says.

At the IMF meeting the fund's head, Christine Lagard, says that Greece should have two more years to pay off its heavy burden of international loans.