Financial Times Deutschland editor Wolfgang Münchau (Spiegel Online Griechen raus - und dann? 16.05.2012) thinks that European governments are floating the line that a Greek exit from the eurozone won't be such a big deal and speculates on why they think such a thing. Are they genuinely deluded? Are they looking just at the short-term politics? Do they really just want to break up the eurozone?He describes what the eurozone and the EU would have to do in the case of a Greek exit to make it really no big deal.
European banks shares have slipped in the wake of the Der Spiegel report that Greece was considering leaving the eurozone. They bounced back slightly on European commission president Jean-Claude Juncker's denial of Greece's plans, o... Read Post
The new French government said that Greece's exit from the eurozone was still possible if Athens violates its bailout deal after elections in mid June. ||| The new French government said Sunday that Greece's exit from the eurozone w... Read Post
The political economy in the Eurozone is moving towards a resolution of the Greek debt crisis and the Euro will make it through, Wolfgang Münchau writes in the Financial Times. Summary: A Greek default had been predicted on account ... Read Post