Economics

Greek Euro-Exit Moonscape Result May Threaten Drachma Choice

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Business in Greece can hardly get worse for Pavlos Tziorkas’s technology-consulting firm as it battles a credit freeze in the fifth year of recession. That is, he says, unless his country were to leave the euro.

“If we go out of the euro, we will have an unstable environment in Greece, I am sure of that,” Tziorkas said by phone from Intelli Solutions SA’s office in Athens, near the city center, where public protests and clashes with police have been commonplace since the debt crisis erupted two years ago. Dropping the euro might prompt the company to relocate from Greece, he said.