Friday, May 6, 2011

Athens Mulls Plans for New Currency

Greece Considers Exit from Euro Zone


The debt crisis in Greece has taken on a dramatic new twist. Sources with information about the government's actions have informed SPIEGEL ONLINE that Athens is considering withdrawing from the euro zone. The common currency area's finance ministers and representatives of the European Commission are holding a secret crisis meeting in Luxembourg on Friday night.



From market-ticker.org:Folks, there's no way for Greece to "voluntarily" restructure that makes sense. Their only hope is to do what Iceland did, which is to tell the banksters to blow it out their asses and leave the currency union.

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