On June 30th, 2015, Greece defaulted on the International Monetary Fund and accelerated the possibility of their exit from the Eurozone. By the end of July, we should know if a “Grexit” will indeed be a reality. A Grexit will have a tremendous impact on the European and World economies. To help explain how a Grexit could happen and its ramifications, we are providing two recent articles on the topic.
The Wall Street Journal has published “What’s the Timetable to a Grexit” to help define how such an exit would be triggered and how it could still be avoided.
In an interview for Knowledge@Wharton, Professor Jeremy Siegel provides analysis and context on the impact a Grexit could have on World, European and Greek economies.