Greece will leave the eurozone on 1st January 2013.
So says this piece
It also says:
"Greece will leave the single currency
eurozone on January 1, 2013, a senior economist at the world's
second-largest currency trading bank has claimed.
Citigroup
said Greece's new currency would fall immediately by 60 per cent - and
unleash a massive, yet manageable, wave of contagion across Europe."
We will watch (and sympathise) as Greece undergoes more and more pain until they are released on 1 Jan 2013.
A rapid exit would have been so much better for the Greek people.
Best of luck to you all.
CR.
3 comments:
A rapid exit wouldn't have allowed all those other noble institutions the chance to grab back as many Euro as they can though, would it?
I guess there aren't too many of them wanting a load of Drachma.
FC,
That sounds like a solid reason to drag it out for another 6 months.
I am clearly not cynical enough yet!
CR.
Kind of silly playing Europe and GB straight into USrael's hands. They want the EU to fail and had a lot to do with it. Citigroup are are part of the ziomercun money empire.
The game is substantially bigger than the average Tabloid-reading Mong can ever comprehend.
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