A Greek Exit? Euro Zone May Be Ready
By BINYAMIN APPELBAUM | New York Times – 4 hours ago

WASHINGTON — It is increasingly conceivable that Greece may leave the euro 
zone, not just because of its own political dysfunction but also 
because the consequences of such an exit for the rest of the Europe and the 
global economy no longer seem quite so scary.
The foot-dragging and brinkmanship of the last few years have won the other 
members of the currency union valuable time to prepare for life without Greece. 
Banks have recorded losses on Greek investments, companies are 
making contingency plans and Europe has bolstered rescue funds for other 
vulnerable nations like Portugal, Ireland and Spain.
more... 


http://finance.yahoo.com/news/greek-exit-euro-zone-may-101002748.html;_ylt=AkCpbWVfPc0eTy4CWY7_4IaiuYdG;_ylu=X3oDMTNyZ3M5am5pBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDYTg4ZjU3ZGEtMTM1Zi0zMGViLWJlNDktMmEzOWZlM2I0OWMyBHBvcwMxBHNlYwN0b3Bfc3RvcnkEdmVyA2EyZDg5ZWUwLWEwZDEtMTFlMS05NzlkLTI5NzAwNDM1ZTMxMQ--;_ylg=X3oDMTJmZ2I0NTZoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QDTWFya2V0VXBkYXRlX0Fib3ZlX0xSRUM-;_ylv=3


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