Advent of the Southern Euro
I don’t think ECB will force Greece out of euro; I think it will have to devalue if it wants to reopen its banks ever. Continue Reading →
Tag Archives: optimal currency area
Krugman on the Future of the Euro
What does the future hold for the euro? Here are the options outlined by Prof. Krugman:
(1) Toughing it out
(2) Debt Restructuring
(3) Full Argentina
(4) Revived Europeanism