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FT Article: Implications of a Greek Exit
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FT Article: Implications of a Greek Exit

The following piece from the Financial Times does a nice job of highlighting the implications of a Greek exit from the Euro.  The current environment in Greece seems to favor politics that promise perhaps a bit more than can be delivered.  However, with very high unemployment, the prospect of well entrenched social programs being cut, and even more calls for austerity, it can be very tempting for a constituency to follow a leader that seems willing to "stand up" to the Troika's demands.  Unfortunately, in this case, it seems unlikely that Greece will be able to have it both ways.
 

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Shelly Oakson on Tuesday, August 28, 2012 8:08 AM
Ha, great write up! FT article pose a very informative part of highlighting the implications of a Greek exit from the Euro from the financial times . I think social programs may helps Greece financial environment anyway. Thanks!
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