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Peston on a Greek Euro Exit
15th May 2012
Speculation about a Greek exit from the Eurozone has reached fever pitch particularly after today’s talks between the national political parties failed to achieve any agreement over forming a government to make the tough decisions required to free up the next tranche of the bailout package. If the second lot of elections are as inconclusive as the last, then a Euro exit is inevitable according to what seems to be the entire world’s press. Clear explanation here by the inimitable Robert Peston on what the Eurozone members are facing if Greece is forced to revert back to the Drachma.