Greece will restructure. It can do so “within the euro” or it can do so “outside the euro”. The difference is crucial.
http://link.ft.com/r/DHGUVV/
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Monday, November 7, 2011
Robert Jenkins: Greek default inside the euro is the only real option
Robert Jenkins: Greek default inside the euro is the only real option It was a possibility feared but unspoken – until last week. Suddenly a Greek exit from the euro was on the table. “Are you in or are you out?” Many Europeans no longer care. They should. Their leaders do. Here is why.
Greece will restructure. It can do so “within the euro” or it can do so “outside the euro”. The difference is crucial.
http://link.ft.com/r/DHGUVV/
Greece will restructure. It can do so “within the euro” or it can do so “outside the euro”. The difference is crucial.
http://link.ft.com/r/DHGUVV/
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