miðvikudagur, 23. febrúar 2011

Return to the Drachma?: Economists Warn Greece May Have to Quit Euro - SPIEGEL ONLINE

"Greece's debts are rising rapidly despite radical austerity measures. Now a group of leading European economists has warned that creditors might have to write off more than 30 percent of their loans. Greece might even have to reintroduce the drachma to overcome its debt crisis, they argue.

The European Economic Advisory Group (EEAG), a group of leading European economists, has warned that Greece may need another bailout by 2013 at the latest."

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