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What would be the impact on the Euro currency if Greece left the Euro-zone? I would guess the Euro would take a small hit, but bear (speculation) wouldn't have
by throwaway12357 11y ago
What would be the impact on the Euro currency if Greece left the Euro-zone?
I would guess the Euro would take a small hit, but bear (speculation) wouldn't have much too feed upon.
This due to the fact that (1) Greece is a small part in the Eurozone and (2) the other countries that were having problems (Portugal, Spain, Italy, Ireland) seem to have things stabilized.
- zhte415 11y agoI imagine the effect would be 'is this contagion'? But perhaps a fear of bipolar contagion - will other weaker economies leave (and the Euro become increasing like the Deutschemark - high, stable, low interest rates) or will Germany leave (and the Euro become a currency associated with volatility).