The battles may be over, but the war is just beginning. Although the Eurozone’s 19 finance ministers recently threw Greece a much-needed economic lifeline, and the latter repaid the first of four loan installments that it owes the IMF in March 2015, there’s no long-term relief in sight for the troubled economy.
Why Greece and Cyprus May Be Better Off Without the Euro
A managed exit from the common currency might be the best option.
March 10, 2015