No Should Mean No to Protect the Euro From Greece

The euro needs to be freed from "grimbo."

Angela's in charge.

Photographer: Chris Ratcliffe/Bloomberg

Even before Greece's referendum last weekend, European Union leaders said it would be interpreted as a vote on whether to stay in the euro. So it's curious that Greece has been given five more days to come up with a credible plan to receive another bailout package. It's also downright dangerous for the European project's future integrity.  While German Chancellor Angela Merkel doesn't want to preside over a fracture of the European Union's finest achievement, she needs to concede the inevitable: The euro will be better off without Greece, and Greece may well be better off without the euro.

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