Credit | May 30, 2012 | The Economist
The Costs of a Greek Exit
How much do Greece and the rest of Europe stand to lose?
Economist Staff
Currency unions have cracked before, but none with the scale, ambition or interconnectedness of the euro area. Contemplating the dread consequences of such a disintegration may yet prompt concessions from both Greece and its creditors that prevent the worst happening. But can the level of fear be adequate to engender such a change of heart while not so powerful as to trigger panic? Again, the prognosis is uncertain.
© The Economist Newspaper Limited, London (May 26, 2012)
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