Eurozone Crisis is Far From Over

From the Reuters article: "Greek prime minister does not rule out new bailout package", this quote stood out about leaving the euro.

"The return of the drachma would trigger high inflation, exchange instability and a fall in the real value of bank deposits," he said."
Something to keep in mind if the sovereign debt crisis in Greece flares up again. The head of European economics at Roubini Economics believes "Greece will restructure its debt and leave the euro zone by the end of 2014" and then Portugal in 2015. Spain has issues as well: Analysis: Spain's banks may need more public cash. The euro-zone crisis is not over yet.

Photo: Drachmas on Wikipedia

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