NewsWhore
09-27-2011, 08:00 PM
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Road Map to Prepackaged, Orderly Default That Keeps Greece in Euro: View (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEsvvHgkcOVCYetl7dXS-yUXvG4eQ&url=http://www.bloomberg.com/news/2011-09-28/road-map-to-prepackaged-orderly-default-that-keeps-greece-in-euro-view.html)
Bloomberg
True, leaving the euro would allow Greece to do something it can't do now -- devalue its currency -- to be more competitive. But it would also paralyze a drachma-tized economy. One big reason is that companies with euro debts would be hard-pressed to ...
and more » (http://news.google.com/news/more?ned=us&ncl=dJJLPF6FpvxH1fM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEsvvHgkcOVCYetl7dXS-yUXvG4eQ&url=http://www.bloomberg.com/news/2011-09-28/road-map-to-prepackaged-orderly-default-that-keeps-greece-in-euro-view.html)
Road Map to Prepackaged, Orderly Default That Keeps Greece in Euro: View (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEsvvHgkcOVCYetl7dXS-yUXvG4eQ&url=http://www.bloomberg.com/news/2011-09-28/road-map-to-prepackaged-orderly-default-that-keeps-greece-in-euro-view.html)
Bloomberg
True, leaving the euro would allow Greece to do something it can't do now -- devalue its currency -- to be more competitive. But it would also paralyze a drachma-tized economy. One big reason is that companies with euro debts would be hard-pressed to ...
and more » (http://news.google.com/news/more?ned=us&ncl=dJJLPF6FpvxH1fM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEsvvHgkcOVCYetl7dXS-yUXvG4eQ&url=http://www.bloomberg.com/news/2011-09-28/road-map-to-prepackaged-orderly-default-that-keeps-greece-in-euro-view.html)