Wednesday, 15 July 2015
What if Grexit happens?
Glad that the responsible part of the German press have made it clear that if Greece was forced to leave the euro the consequences would bring disaster to Europe,for Greece and indeed for Germany. It wouldn't be long before we would regret the day. Far more is at stake than just a few billion euros -- which are most likely already lost, anyway.
A Grexit would mark the end to the process of European integration; the euro would be destabilized as a currency; the EU would be geopolitically undermined.