Fears of social and political unrest if Greece leaves Euro
Written by Simon Tilford, 15 June 2012
"The last thing the EU wants or needs is a failed state on its borders in a region as combustible as this," said Simon Tilford, chief economist at the CER. "Greece would not be left to its fate because they cannot afford to let a country descend into chaos. Either way ... Greece is going to cost the eurozone a lot of money. The question is whether it is outside or inside the eurozone."
Link to press quote:
http://www.nytimes.com/2012/06/16/world/europe/fears-of-social-and-political-unrest-if-greece-leaves-euro.html?_r=1&pagewanted=all
