Question for written answer E-001163/2015
to the Commission
Jonathan Arnott (EFDD)
Subject: Legality of leaving the euro
In light of recent speculation that Greece may leave the euro, can the Commission please comment on the legality of a euro zone member state leaving the euro without also leaving the EU?
Answer given by Mr Moscovici
on behalf of the Commission
The irrevocability of membership in the euro area is an integral part of the Treaty framework and is expressed under Article 140(3) TFEU. On this basis, the adoption of the euro is an irreversible step and no change of currency in any of the euro-area countries is provided for. As the guardian of the EU Treaties, the Commission, fully respects this principle and protects the integrity of the euro area.