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Greece Feels Push Toward Euro Exit
In fact, that is the sentiment a growing number of reputable economists and other commentators, particularly from fully liquid Germany, have been expressing lately. Greece, they say, should leave the euro zone for its own good, as well as the Continent’s. Some German economists argue that other members of the 17-nation currency union, like Portugal or even Italy, might need to leave as well. “It is better for all concerned, in particular for Greece, if the country leaves the euro temporarily,” Hans-Werner Sinn, president of the influential Ifo Institute at Ludwig Maximilian University in Munich, wrote in an ... (full story)
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