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abelenkpe

(9,933 posts)

4. ...

Reply to Auggie (Original post)

Sun Jun 17, 2012, 10:59 AM

Jun 2012

"If Syriza gains power and rejects the terms of the bailout, Greece could lose its lifeline, default on its debt and decide that it must print its own currency, the drachma, to stay afloat"

Syriza wants to renegotiate terms to include growth and not just austerity. They do not want to leave the euro. If they leave it will be because they are forced out.

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How shock waves will hit US if Greece drops euro [View all] Auggie Jun 2012 OP

Thanks for the post. The intricacies and various connections of global economies often go right over pinto Jun 2012 #1

This just underscores how everything is linked..... Swede Atlanta Jun 2012 #2

It will be interesting to see how the election turns out on Sunday davidpdx Jun 2012 #3

... abelenkpe Jun 2012 #4

I doubt there will much impact regardless of what the Greeks do. DCBob Jun 2012 #5

greece has same gdp as maryland uponit7771 Jun 2012 #6