euro exit? Archives - Page 2 of 2

Guardian: Greek Euro Exit Would Cost 1 Trillion Euro

May 17, 2012 Economy 3

Thursday’s front page of British daily The Guardian is impressive. A huge number of zeros lined up next to each other. An impossible eye-exercise for those suffering of astigmatism! How does one trillion euro look like? “Cost of Greek Euro Exit Put at 1 Trillion The British government is making urgent …

Ex PM Papandreou’s Adviser: “Greece had Serioulsy Consindered Leaving the Euro” (video)

May 14, 2012 Economy, Politics 1

Richard Parker, American economic professor and adviser to former PM George Papandreou, told SKY NEWS, that the Greek government had seriously considered the possibility to exit the euro zone but such option was ruled out for economic grounds. Parker is an economic professor at Harvard University, he advised Papandreou in 2010-2011. Papandreou is been registered …

IMF Lagarde: Uncertainty over Greek Bankruptcy and Forced Euro Exit

April 6, 2012 Economy 6

The danger of a Greek bankruptcy has not been averted. So said, Chief of International Monetary Fund Christine Lagarde in an interview to CBS News. Also a forced euro exit is still possible, she added. Is this Lagarde’s warning to Greek voters expected to go to snap polls in the next weeks? …

German BOSCH-Manager Wants Greece Out of EU and the EURO

February 14, 2012 Economy 12

A German manager wants to see Greece out of the European Union and the Euro zone. Greeks might want to see German products out of Greece. German manager might lose his job for failing to meet sales targets. German manager will blame Greeks for losing his job. Solutions needed here… The head of …

Pros And Cons: Bailout & Austerity or Default & Euro Exit?

February 12, 2012 Economy 8

Greece’s Prime Minister Lucas Papademos made a final warning on Saturday night, just hours before the crucial voting on the new austerity bill at the Parliament. In a TV address to the nation, Papademos said Greece was just a breath away from Zero”, that the second bailout and the austerity measures secure that the …

ToscaFund: Euro Exit Will Lead Greece to Zimbabwe-Style Inflation

January 13, 2012 Economy 4

Should Greece exit the euro zone the impact would “be more than catastrophic with Zimbabwe-style inflation, social unrests, banks run and a military coup.” This horror-scenario was scripted by Savvas Savouris, chief economist of Tosca Fund, and was distributed to the clients of the London-based hedge fund. Introducing a new currency in Greece instantaneously …

Barroso Implies & Warns Greece with Euro-Exit

December 6, 2011 Economy 3

European Commission President Jose Manuel Barroso warned Greece that the debt-ridden country had to meet its commitments towards its Euro-zone partners, otherwise it might have to leave the EZ as he implied. In an interview to German conservative daily «Die Welt» Barroso stressed among others that the kind of aid to Greece …

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