The Greek crisis: So, we meet again

by / Thursday, 09 July 2015 / Published in Economy

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The Greek crisis


To stay in the euro zone, Greece’s prime minister will have to jettison almost every promise he has made to his own voters



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LIKE most things deemed unthinkable, Greece’s departure from the euro zone has been thought about a lot. Its open discussion at the highest levels of the European Union, though, has long remained taboo. The two weeks since June 26th, when Alexis Tsipras, the Greek prime minister, abandoned talks with the EU and IMF on a further bail-out and called a referendum on their terms, have put paid to that. Most euro-zone leaders now believe Greece has no place in the euro. Even those genuinely supportive concede that things may not go their way; François Hollande, the French president, openly discussed Grexit at the euro-zone summit which took place in …<div class="og_rss_groups"></div>
Source: The Economy