Explainer: New elections? Euro exit? Just what is going on in Greece?
The Journal, 12.05.2012
Quote
Here we are again. Greece in turmoil therefore markets in turmoil and the whole of the eurozone speculating and worrying that the Hellenic Republic (as it’s officially known) is about the go under. […]
Last November, at the height of the crisis we explored the ways in which Greece could or would leave the eurozone with Janis Emmanouilidis of the European Policy Centre outlining one option being that if the EU halted the bailout programme, Greece would be forced out of its own accord. But in this instance it appears as if Greece might just press the self-destruct button itself if the electorate decides as much. […]
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