As greece's financial problem start t get even more out of hand the possiblitiy of remaining inside the eurozone seems almost unbearabel Due to the economic pressure from the G-20 greece is starting to reconsider its position within the eurozone. The referendum seemed like hope to keep the leadership in power within Greece but its cancelation meant that the leadership maybe ushered out the door.While leaving the E.U> is out of the question reinsituting its previous currency the drachma could happen. This means that greece can choose how much of its foreign debt it would pay back due its own regulation of its currency thiswould devalue the currency by 50% and cause economic trouble. People would push to the banks to withdra their life savings in euros and cause a virtual collapse of banks unless the government stepped in. The longer Greece waits to leave the more problems may have.
Should Greece leave the eurozone?
http://business.blogs.cnn.com/2011/11/04/is-greece-angling-for-a-eurozone-exit-and-can-it-leave/?hpt=ieu_r1
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