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

**Mmccqrtb** · 06-05-2011, 07:02 PM

This would be a much greater problem for Greece than for the EU. Its own new currency would take a nosedive while its debt would remain in Euros and therefore suddenly multiply while loosing european assistance. Total state bancrupty and ( more or less) exclusion from the international financial markets would be inevitable. Additionally experts are divided if leaving the Eurozone without leaving the EU is actually possible. And that is something that Greece certainly doesn´t want........

06-05-2011, 07:02 PM	#3
Mmccqrtb Join Date Nov 2005 Posts 365 Senior Member	This would be a much greater problem for Greece than for the EU. Its own new currency would take a nosedive while its debt would remain in Euros and therefore suddenly multiply while loosing european assistance. Total state bancrupty and ( more or less) exclusion from the international financial markets would be inevitable. Additionally experts are divided if leaving the Eurozone without leaving the EU is actually possible. And that is something that Greece certainly doesn´t want........
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