Quote:
Originally Posted by Unknown Soldier
The fear if Greece leaves, is who'll be next! At the moment the trapdoor is shut but if Greece fall through the EU can survive, BUT there is still the lingering concern that other much bigger and struggling economies like Italy and Spain could follow Greece and that is the major concern of the EU.
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I agree, the EU will survive without Greece, but I believe it will have to make moves towards being a cohesive political union if it is going to survive longterm.
If Spain or Italy faulter on their debt payments, you can expect a banking crisis to hit the EU, ecspecially in France.