Article Image

IPFS News Link • European Union

GET READY: This Is What Happens If Greece Exits The Euro

• http://www.businessinsider.com, Simone Foxman
More and more analysts are beginning to predict that Greece will leave the eurozone, as EU leaders continue to demand more austerity and support for anti-bailout parties mounts.

Fitch Ratings downgraded Greece today on the heightened risk that Greece will no longer be a part of the European Monetary Union, Citi has now given a "Grexit" a 50-75 percent probability, economists are calling for Greece to get it over with already, and even politicians are showing a surprising indifference to a Greek exit.

While analysts have been speculating about what would happen for a while, we are getting more and more facts about what might happen as what once seemed like an crazy idea now looks like a distinct possibility.

We looked back through months of research to compile our complete guide to what a Grexit will mean for Greece and the eurozone as a whole.


Reportage