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Friday, December 12, 2014

Edward Hugh : "It’s Baaack: Looming Greek Elections Threaten To Re-ignite the Euro Crisis"

It’s Baaack: Looming Greek Elections Threaten To Re-ignite the Euro Crisis | A Fistful Of Euros

Mr Tsipras will be banking on the idea that the EU leaders will back down, and talk turkey. But what if they don’t? Their room for manoeuvre on this front is far more limited than it is on the debt one, since others in the south would surely want to follow a similar path if they thought they could. Grexit may be something that no one actually wants to happen, but sometimes things no one wants to happen do.

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