The Guardian (May 14)
“Europe’s ruling elite is now openly talking about whether Greece might leave the euro, breaking a two and a half year taboo. German chancellor Angela Merkel and EU president José Manuel Barroso were among those saying that if Athens could not abide by the rules, Greece would have to leave.” But of what would ensue, no one is sure. It could lead to “collapsing banks, soaring inflation, but possible salvation.”
“Europe’s ruling elite is now openly talking about whether Greece might leave the euro, breaking a two and a half year taboo. German chancellor Angela Merkel and EU president José Manuel Barroso were among those saying that if Athens could not abide by the rules, Greece would have to leave.” But of what would ensue, no one is sure. It could lead to “collapsing banks, soaring inflation, but possible salvation.”
