Eurogroup's Juncker says euro zone threats do not help Greece

BIELEFELD, Germany | Sat Nov 17, 2012 5:45am EST

BIELEFELD, Germany Nov 17 (Reuters) - Eurogroup President Jean-Claude Juncker took aim at Austria, Germany and the southern German state of Bavaria on Saturday for suggesting that a Greek exit from the euro zone was looming.

"Threats in the Austrian, German or Bavarian language that Greece will soon leave the euro zone do not do Greece any good," he said in a speech in the north-western town of Bielefeld.

He also reiterated that Greece's main problem was not its debt but its lagging competitiveness and that countries had to tackle their budgets even if it caused "moments of recession".

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