No Should Mean No to Protect the Euro From Greece
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Trump Strikes a False Note at the United Nations
- The Consequences of the U.S. Baby Bust
- Republicans Peddle Nonsense to Sell Health-Care Plan
- The Constitution Is Passing the Trump Stress Test
- Bet With Buffett, Not Against Him
- Wanted: Russia Experts, No Expertise Required
- Being Sure You're Right Makes You Weaker