euro group and Greece
Letting Greece Default Next Month Now Seen as Acceptable Gamble by Many
February 16, 2012
The once unthinkable possibility of a Greek default is now being discussed openly and is preferred by many inside and outside of Greece. The passage of time is largely responsible for this transformation. Contagion to other euro area members is considered less likely because of greater resources to resist such and the view that Greece’s […] More
