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18 January, 2000
A German Economy Ministry spokesman said on Monday the German government wishes to see Greece participating in the eurozone "as soon as possible" and underlined the "excellent progress" achieved in the direction of convergence.
The spokesman, Torsten Albing, conveyed the "satisfaction and personal pleasure" of Economy Minister Hans Eichel, who left on a visit abroad, and said "the German government is of the view that, on the basis of the Greek government's achievements in the sector of the economy's adjustment, Greece should participate in Economic and Monetary Union as soon as possible."
Referring to the decision taken by the Monetary Committee on Saturday to adjust the drachma's parity to the euro through a 3.5 percent revaluation of the Greek currency, he said the decision taken in Brussels constitutes "another important step in the direction of Greece becoming a member of the euro family, to which it belongs."
Albing said the timing of Greece's entry into EMU and the introduction of the common currency depends on "issues of a technical nature", while referring to the "objective fact" that the euro banknotes being printed also bear Greek writing.
Source: Athens News Agency
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