- If Greece were to exit euro, partial default or restructuring of debt would be unavoidable
- Greek debt problems its biggest incentive to remain in euro zone
- For reserve currencies, higher solvency risk could hamper international financial system (yer think!!)
Well thanks for coming out and cheering us all up.
UPDATE UPDATE: Whoops!!! Sorry got a rather crucial word wrong in headline. “restructuring” should have read “sustainability.” I haven’t a clue where that came from.
