Leonardo Posted July 13, 2015 #176 Share Posted July 13, 2015 So greece still in the union For now - although the Tsipras govt still has to accept, and undertake, the reforms demanded as conditions of the new deal. They will be different to the reforms the Greek govt offered, if maybe only slightly. Harry, Greece's debt in 2009-2010 was largely in the hands of private creditors. If Greece had defaulted the markets and in particular the banks would have hit a downward spiral that would have collapsed the euro. You don't believe me then google it. Pure speculation - like everything the market does. Sure, some people were talking that such a thing could happen - probably because there was money to be made by them if the EU members stepped in. Don't believe propaganda, believe facts and the fact is the euro didn't "collapse". Link to comment Share on other sites More sharing options...
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