generic-user-1 said:
routsounmanman said: It would actually kill it. If any country leaves the common currency, the markets will start speculating who's going to be next. |
well the ecb could make alot of money if they start a bond purchase programm when the markets are starting speculating... but there is no reason for greece to leave the euro after a default. there is no rule in the ecb code for that.
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There's also another, far more serious reason to prevent Greece from leaving the Euro. What if we do leave the Eurozone, and after a short period (4-5 years) we see tremendous growth (in the 5-10% yearly)? Italy, Portugal, Spain, and other countries could start considering joining us.