Thursday 17 May 2012

Euro credibility at stake in Greek economic crisis

Posted by Michael Berendt on 28/01/10

We’ve heard a lot about banks that are “too big to fail”. Perhaps a more immediate question is whether the sovereign nation of Greece is too big to fail. The risk of default and the threat of Greece quitting the eurozone would have profound implications for Europe’s monetary union, for other European countries wrestling with [...]

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