The social democrats comments have not been well received in southern member states
Embattled Jeroen Dijsselbloem, the Dutch finance minister, is facing calls to resign after refusing to apologise for saying crisis-hit European countries wasted their money.
Dijsselbloem said: “During the crisis of the euro, the countries of the north have shown solidarity with countries affected by the crisis.
Greek debt crisis Wed, July 15, 2015
The Greek financial crisis in pictures
REUTERS 1 of 58
A protester bleeds as he is arrested by riot police following clashes in Athens
You cannot spend all the money on drinks and women and then ask for help
“As a Social Democrat, I attribute exceptional importance to solidarity. But you also have obligations.
“You cannot spend all the money on drinks and women and then ask for help.”
Spanish MEP Gabriel Mato said the comments were “absolutely unacceptable” and an “insult” to member states, claiming Mr Dijsselbloem had lost his “neutrality” as Eurogroup chief.
Portugal’s minister for foreign affairs, Santos Silva, called on Mr Dijsselbloem to resign.
The comments come as the Eurozone is reportedly heading for another crisis
Silva said: “It seems that the president of the Eurogroup has spent all these years without understanding what really happened to countries like Portugal, Spain or Ireland.”
It follows the staggering claim that southern Euro states owe the European Central Bank (ECB) €1trillion as they teeter on the verge of bankruptcy amid warnings a debt bubble is on the horizon.
Get Quotes on Home Insurance
Dijsselbloem watched as his Labour party suffered a punishing defeat in national elections
Analysts condemned the "flawed economics of this reckless [EU] experiment" and said the ECB faces a rude awakening as states crumble under the burden of debt.
Several eurozone member states including Greece, Portugal, Ireland, Spain and Cyprus were unable to repay or refinance their government debt.
Dijsselbloem, the Dutch policy chief, watched as his Labour party suffered a punishing defeat in national elections last week but has a mandate as president of the eurogroup until January 2018.