nakedempire


The American Empire in a Changing World



Pages

Monday, May 14, 2012

Greece:''A nation on the brink''

From The Independent

''Central bankers across Europe are already discussing the possibility of a Greek exit from the euro and how to handle the fallout, the Swedish Riksbank's deputy governor, Per Jansson, admitted yesterday.

Europe is "certainly more resilient" to a Greek exit than it was two years ago, when the bloc would have been "massively underprepared", the EU Economic and Monetary Commissioner, Olli Rehn, told a conference in Estonia. But he warned that "it would be much worse for Greece and Greek citizens, especially less well-off Greek citizens, if Greece left the euro than for Europe. Europe also would suffer, but Greece would suffer more."

read more 

No comments:

Post a Comment