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Nobody is talking about kicking Greece out of the EU. The current crisis is about the Euro group within the EU. Problems with kicking Greek out of the Euro are
by allendoerfer 11y ago
Nobody is talking about kicking Greece out of the EU. The current crisis is about the Euro group within the EU.
Problems with kicking Greek out of the Euro are:
- Greece is reliant on Russian gas. How are they going to pay for that? A weaker currency would make this problem worse. The often told story, that their exports would become cheaper does not apply very much, when your biggest company is a betting office.
- When Greece leaves with the option to get back in, countries like Portugal, Italy, Spain and even France would have much less pressure to consolidate their state finances.
- The Euro is not just a currency - it is a step towards European integration. With Russia biting of parts in the East, we cannot compensate to be set back this much.
And last but not least: I use this currency to pay my rent, do not fuck it up!