nick venedi

Friday 12 October 2012

Greece will stay in the euro

It is becoming increasingly obvious that the northern states of Europe would not want Greece out of the Euro as this would not be in their interest. They count themselves lucky that the feeble coalition of Conservative Samaras and Socilaist Pasok with fat boy Venizelos is holding together and they won't be taking the risk of bringing them down. The alternative will be the mad pro Argentinian Alexis Tsipras who has no policies other than fighting everyone and anyone. That would not do. So I can't see any changes and all the 'hostile, tough' statements made by northern leaders is simply serving internal market politics. They have no intention of letting Greece or Spain go!

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