May 17, 2012

Greece Must Exit the Eurozone

Nouriel Roubini, Project Syndicate

AP Photo

The Greek euro tragedy is reaching its final act: it is clear that either this year or next, Greece is highly likely to default on its debt and exit the eurozone.

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TAGGED: Greece, Eurozone


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Faced with a choice between supporting Greece and supporting Germany, the French are almost certain to go with supporting the Germans. more ››
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If Greece Quits Euro, Its Ruin Will Be Pointless
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Greece may have given us the word democracy and many of the principles of civil society. But now it is "the sick man of Europe," and the people of other European democracies are asking whether it's worth saving with billions more... more ››
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Greece: A Land Without a Rudder
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Greeks are clearly relieved to have crushed a corroded old political system, but now there's nothing workable to replace it. more ››