The original Subject line is disingenuous; the article asserts that leaving the Eurozone would be detrimental to Greece. For a contrary view in favor of leaving the Eurozone:
"Return to Devalued Drachma, Cost-Push Inflation and International Competitiveness" Theodore Mariolis & Apostolis Katsinos Dept of Pub Admin, Panteion University, Athens Abstract: This paper presents empirical estimates of the effects of a return to devalued drachma on the cost-inflation rate in the Greek economy. The results show moderate effects and the potential for substantial improvements in the balance of goods and services. Available at http://mpra.ub.uni-muenchen.de/35413/1/MPRA_paper_35413.pdf _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
