Germans Believe Greek Exit from Euro Zone Just a ‘Matter of Time’


The World from Berlin: Greek Exit From Euro Zone Just a ‘Matter of Time’ – SPIEGEL ONLINE – News – International.

But is that the end of the common currency? I don’t believe so. The European parliament must create a legal pathway for members to leave and that will be that. That legal mechanism does not exist today.

At the same time, stricter central controls of integration must become a requirement for membership. Either waive some sovereignty or leave the union.

The question is: Do Europeans have the political will? They could be not as lacking as Washington but not too far behind in blandness.

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