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Greece faces ‘make or break’ year

Next year will be “a make or break” year for Greece’s future as a member of the eurozone, the country’s finance minister has said, warning Europe’s leaders that Athens still faces “the possible risk” of crashing out of the currency bloc.

“We can make it next year if we can stick to the programme agreed with the EU and IMF,” Yannis Stournaras said in an interview with the Financial Times.

However, “the break would be if the political system finds the situation too difficult to handle”, he added, referring to the danger of social unrest about austerity that could force the two left-of-centre parties to bring down the governing coalition.

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