Tuesday, July 5, 2011

Greece’s Only Option Now is to Leave the Euro, Share’s Jacomb Writes in FT

The motives for the European Union’s “rescue” of Greece are to preserve the euro and to prevent another banking crisis, but the policy won’t work, said Martin Jacomb, the chairman of Share Plc, a former chairman of Prudential Plc and a former director of the Bank of England.




Read more..

Bloomberg