While Greek Prime Minister Alexis Tsipras was trading barbs with his European counterparts, the Greek Central Bank issued a report urging him to put politics aside and negotiate a deal that, by the central bank’s lights, was very much within reach. The Wall Street Journal:
“Failure to reach an agreement would… mark the beginning of a painful course that would lead initially to a Greek default and ultimately to the country’s exit from the euro area and—most likely—from the European Union,” the report said.“A manageable debt crisis, as the one that we are currently addressing with the help of our partners, …read more
Source: The American Interest
