Grexit to Be Best Solution for Eurozone, Athens - Freedom Party of Austria

© AFP 2022 / Louisa Gouliamaki 'NO' supporters hold a banner reading 'NO' in front of the parliament late in Athens on July 5, 2015
'NO' supporters hold a banner reading 'NO' in front of the parliament late in Athens on July 5, 2015 - Sputnik International
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A Greek exit from the Eurozone would be the best solution for both the debt-ridden country and Eurozone nations, Chairman of the Freedom Party of Austria Hainz-Christian Strache said Monday.

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VIENNA (Sputnik) – According to the Austrian ORF channel, Strache sees a "Grexit" as a logical consequence of Sunday's "No" vote, which he thinks would be the best move for both the Eurozone and Athens.

On Sunday, 61 percent of Greek voters said 'No' to the bailout proposals tabled by Greece's international lenders and rejected by the country’s leftist government.

Strache said that reintroducing the drachma as the national currency would help to stabilize the Greek economy, while simultaneously demonstrating that switching to the euro was an erroneous decision.

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Several rounds of talks between Athens and its major international creditors on Greece's multi-billion debt took place prior to the referendum, but they failed to yield results.

Greece's main international lenders are the International Monetary Fund (IMF), the European Central Bank, and some Eurozone nations. The country’s debt to these creditors is estimated at about $270 billion.

Athens defaulted on a $1.7 billion loan repayment to the IMF at the end of June.

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