"fears persist that Ireland could be forced out of the eurozone [...] The eurozone crisis is a much greater threat because the value of irish savings would be hammered if we had to return to a devaluated domestic currency" (from Sunday Times - "Money" section - 1st August 2010)
But what is the likelyhood of this to happen? How can Euroland save Greece and send Ireland out instead? Why these different treatments?
I'm getting very confused... Any thoughts???
But what is the likelyhood of this to happen? How can Euroland save Greece and send Ireland out instead? Why these different treatments?
I'm getting very confused... Any thoughts???