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Germany studies potential impact of Greek default

Posted on September 11, 2011 by Kendall Harmon

Germany’s Finance Ministry is studying the potential impact of a Greek debt default, working through scenarios which include Greece abandoning the euro to reintroduce the drachma, Germany’s Der Spiegel magazine reported on Saturday.

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Posted in * Economics, Politics, * International News & Commentary, Economy, Euro, Europe, European Central Bank, Germany, Greece, The Banking System/Sector, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

One comment on “Germany studies potential impact of Greek default”

  1. BlueOntario says:
    September 11, 2011 at 9:02 am

    It would be more shocking if everyone were not considering the potential outcomes of this fiasco.