Here’s a quick read on why Greece won’t be leaving the Euro any time soon:
- Intertwined relationship between the European countries has obviously created huge economic problems for the peripheral countries in particular
- And it has largely benefited Germany
- Being the dominant banking system in the region Germany also had the most to lose if the Euro collapsed
- In addition to widespread defaults, defections would result in collapsing competitiveness for the Germany currency relative to everyone who leaves
