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Chu, By Ben

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1 article of this author has been cited in the European Press Review so far.

The Independent - United Kingdom | 15/06/2015

Don't believe proponents of a Grexit

Those who are downplaying the dangers of a Greek exit from the Eurozone now have already been wrong in the past, the centre-left daily The Independent warns: "The panjandrums of the eurozone insist that there will be no financial or economic 'contagion' if Greece slips out of the euro embrace, because the system has been shored up in the past three years. Europe can take or leave Greece, they insist. Perhaps they're right. But we'd do well to remember that these are the same people who confidently predicted back in 2010 that Greece would rapidly return to growth after taking an invigorating dose of their carefully distilled austerity medicine. And look how that turned out."

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