Greece says leaving the eurozone is not an option

Greece’s Prime Minister, Lucas Papademos, said on Monday an exit from the euro area and a return to the drachma, the country’s old currency, “is really not an option.”

Papademos said all the parties involved in the coalition government were determined to keep Greece in the eurozone.

“This is the position of this government and of all the parties that are supporting it, and what is more important, the overwhelming majority of the Greek people are in favor of euro area membership,» he said.