DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Greece Considers Exit from Euro Zone

**Alina20100** · 06-05-2011, 05:54 PM

The debt crisis in Greece has taken on a dramatic new twist. Sources with information about the government's actions have informed SPIEGEL ONLINE that Athens is considering withdrawing from the euro zone. The common currency area's finance ministers and representatives of the European Commission are holding a secret crisis meeting in Luxembourg on Friday night. Athens Mulls Plans for New Currency: Greece Considers Exit from Euro Zone - SPIEGEL ONLINE - News - International

I didn't see this anywhere else but it's interesting. Obviously leaving both the Euro zone and potentially the European Union would be bad for Greece but it would also be horrendous for several EU countries, specifically Germany, which I imagine Greece is counting on to give them some leverage in negotiating their economic situation.

I imagine the Portuguese are preparing to similarly threaten the EU as I type.

06-05-2011, 05:54 PM	#1
Alina20100 Join Date Oct 2005 Posts 568 Senior Member	Greece Considers Exit from Euro Zone - Maybe European Union Too The debt crisis in Greece has taken on a dramatic new twist. Sources with information about the government's actions have informed SPIEGEL ONLINE that Athens is considering withdrawing from the euro zone. The common currency area's finance ministers and representatives of the European Commission are holding a secret crisis meeting in Luxembourg on Friday night. Athens Mulls Plans for New Currency: Greece Considers Exit from Euro Zone - SPIEGEL ONLINE - News - International I didn't see this anywhere else but it's interesting. Obviously leaving both the Euro zone and potentially the European Union would be bad for Greece but it would also be horrendous for several EU countries, specifically Germany, which I imagine Greece is counting on to give them some leverage in negotiating their economic situation. I imagine the Portuguese are preparing to similarly threaten the EU as I type.
	Quote