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Here Is Why Greece Won't Exit The Euro - Deutsche Bank
The latest Greek national elections marked another chapter in the ongoing Greek drama. The rejection of the two Greek political parties with pro-austerity agendas accompanied with the major ideological differences between all of the 7 parties that managed to enter the parliament put the country's political future in jeopardy. For some observers, this uncertainty will likely lead Greece to exit the EMU as it won't be able to fulfill its future commitments to the Troika, not to mention its long history of missing its fiscal targets. But Alan Ruskin, who heads the G-10 FX strategy at Deutsche Bank sees two main factors ... (full story)
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