Thursday, November 3, 2011

Costs of divorce

Analysis: Leaving the euro carries massive costs

BRUSSELS (AP) — European leaders have struggled mightily to keep Greece in the eurozone, despite the drag that its economic weakness places on their growth. The reason is this: If Greece abandons the euro, the chaos it would wreak on the global economy can hardly be overstated.
Comment: In the meantime, Papandreou moved back from his referendum proposal.

No comments:

Post a Comment