Regardless of Greek Election Result, Euro Exit Not Likely
When this Wednesday’s special election was called last week, markets swooned a bit. While fears of a euro exit remain, the present situation is not cause for alarm.
David Turner
December 15, 2014
A European Union (EU) flag flies beside a Greek national flag near ancient carved stone sections of a Greek column in Athens, Greece, on Monday, March 31, 2014. The European Commission predicts the Greek economy will grow in 2014 for the first time in seven years, and the nation is now looking to start selling debt again next month after achieving a budget surplus last year. Photographer: Kostas Tsironis/Bloomberg
Kostas Tsironis/Bloomberg
