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NewsWhore
12-05-2011, 07:30 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE1gZJNoM5eR-uIXSI4zuR2xtp33A&url=http://www.bloomberg.com/news/2011-12-06/blejer-levy-yeyati-default-a-world-away-has-greek-lesson.html)
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Blejer & Levy-Yeyati: Default a World Away Has Greek Lesson (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE1gZJNoM5eR-uIXSI4zuR2xtp33A&url=http://www.bloomberg.com/news/2011-12-06/blejer-levy-yeyati-default-a-world-away-has-greek-lesson.html)
Bloomberg
With this perspective in mind it may be useful to remember what the late Tommaso Padoa-Schioppa, formerly Italy&#39;s finance minister and a director of the ECB, used to say: “A common currency is more than a common central bank: It requires a common ...

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