Greek crisis: Greek storm threatens euro

Greece's continued presence in the eurozone is hanging by a thread - and if it leaves, the whole project will never be the same again, writes Cliff Taylor.

19th May, 2012
A Greek exit from the euro would cause chaos not only in Greece, but throughout the whole eurozone. Photo: Getty

Is Greece heading for the eurozone exit? Or will there be some last-minute deal hammered together which avoids a default and the threat of the country leaving the single currency? Two factors, and the interaction between them, will now determine this.

One is the result of the next election, due on June 17. The other is the attitude of Greece's EU partners and the IMF, to which we may get some pointers at this weekend's...

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