The potential for a Greek exit from the eurozone has probably never looked this real. The government is running out of cash and doesn’t seem to have enough for its next International Monetary Fund payment. Missing a debt payment could push the European Central Bank to withdraw support from Greece’s banking system and eventually cause a “Grexit” — a disorderly Greek exit from the eurozone. This would have major implications not just for the well-covered economic issues but for European security too: Greece has historically had close ties with Russia. Both are Orthodox nations on the fringes of Europe (with …read more
Source: Business Insider
