Spectre of drachma return looms because of new political dynamic

George Soros, the international financier, says it's imperative for Europe to prepare for the withdrawal from the eurozone of Greece, Portugal and possibly Ireland.
A former Greek finance minister has also warned that the country may have to leave the eurozone unless the government makes deeper cuts in the civil service and state sector.
The French President and German Chancellor have insisted that Greece is an integral part of the eurozone in an attempt to quell unprecedented speculation that the country may default and return to the drachma.
Once it was taboo in Europe to discuss eurozone exits, but not any more, as Malcolm Brabant reports from Greece.
Astons,
Costas Dimitriadis, re-enactor,
"Mike" declined to give surname.
Professor Panayotis Ioakimidis, Athens University,
Stefanos Manos, Former Finance Minister,
Dimitris Daskalopoulos, Chairman Greek Industrialists Federation.

Category:

News & Politics

Tags:

• Drachma
• Greece
• Malcolm Brabant
• Stefanos Manos
• Dimitris Daskalopoulos
• Panayotis Ioakimidis
• Battle of Marathon

[politicaltourist]

the old guy speaking at 0:20-0:32 is obviously scared shitless that his pension will not be worth much once Greece dumps the Euro.