Why a deal MUST be struck!

There are now so many different things going on with Greece it is difficult to keep track. I am amazed it has gone this far but we are constantly being surprised when it comes to Greece! I am of the opinion that two things will happen now.  The first is Greece will stay in the Euro and that following the agreement of a new bailout the Euro will strengthen. As disturbing as the amounts of money involved are to the process here, I just cannot see how the Eurozone will let Greece leave the Euro. To do so would be a gross turn in the history and spirit of the European project and the Eurozone.

Such a move would lead to further troubles with other Eurozone members as stagnant economies are allowed to disintegrate and effectively wither and die. This is not what the Eurozone was setup to do and is not what the Eurozone members will stand by and allow to happen. More likely I feel is that a deal will be struck to keep the Greeks in the Euro and provide further extensions on the previously agreed bailout terms. Just what is around the corner is very difficult to ascertain with the Euro but on balance I think even at this late stage it is not too late to have hope.

Allowing Greece to leave is a direct contradiction of the fundamental principles of the European Union and the Eurozone and should not be allowed to happen at whatever cost. Greece needs to be nurtured and put under strict conditions to allow an economic recovery to develop and the lives of the Greek people to improve.

For more information on this situaiton please email [email protected], I look forward to your thoughts, opinions and offering solutions.