GREXIT: IS IT A NIGHTMARE SCENARIO
August 1st, 2011
BY MICHAEL KOSMIDES, IN ATHENS
A spectre is haunting Europe: the spectre of a possible Greek Euro exit and default. GrExit, as it has been termed, could have catastrophic repercussions for European and possibly the global economy or it could provide some kind of solution for the troubled Eurozone and the heavily indebted country. But one thing seems certain: nobody really knows what such an event will mean.
"Nobody has ever gone to hell or to paradise and returned to tell us how it was", said Harilaos Alamanos, president of Greece's Institute of ...
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