Publication

Since the start of the financial crisis in Greece more than five years ago, the country has repeatedly defied predictions of a fast exit from the eurozone. This brief contends that the moment of having to decide whether the country will continue to use the shared currency could be fast approaching. The authors explain the various repayment deadlines that are coming up in June and July 2015 as well as what might happen if the money isn't paid back. They also discuss the geopolitical consequences and the threat to Western interests a Grexit would entail.