Greece-and-the-EU-Financial-CrisisGreece will never be “allowed” to exit the Eurozone, even if the Greeks vote for a zillion times “No”! Only a mindfully blind, naive or uninformed person cannot realize that the Greek Financial Crisis is as much an issue for Brussels as it is for Athens…

If, however Greece exits, the collateral damage will kill the Eurozone – despite to what certain EU officials exercising populism unconvincingly preach – and it will lead to far-reaching economic consequences across the continent. It would without any doubt undermine the European banking system within days and increase the public debt of other European countries. If Greece is let to go bankrupt, the very principle of the EU will be challenged. Unemployment will rise again, Germany’s including (which has up to now only benefited from an undervalued Euro)…

Although Athens had complied with much of Brussels’ austerity and adjustment programs, Greece’s reforms did not convince! Greece’s unimaginable waste of tax payers money, through gross fund allocation inefficiencies, political favouritism, vote mongering, cronyism and corruption continued despite the Greek governments’ vows of the opposite towards its lenders…

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