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Is Greece exit from euro inevitable?
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TOPIC: Is Greece exit from euro inevitable?

Is Greece exit from euro inevitable? 4 years, 5 months ago #1204

Many economists have argued that Greece's only chance of salvation would be to exit euro and devalue the national currency in order to regain competitiveness...how feasible is this...

Re: Is Greece exit from euro inevitable? 4 years, 5 months ago #1208

When many European nations adopted euro as the common currency it was thought it will also be widely accepted as a exchange currency after the dollar. But Euro has faced lot of woes, so it remains to be seen what happens to euro...

Re: Is Greece exit from euro inevitable? 4 years, 5 months ago #1216

The Greek problem is over spending with inadequate tax revenue. Public payroll must fall, pensions must fall, more people need to enter the labour force, the private sector must be permitted to grow and political stability must return.
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