Economy

Greece Eurozone Exit Would Be Felt Worldwidei
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May 31, 2012 11:39 PM
Greeks head to the polls again later this month to cast votes for a new government that could ultimately decide whether Greece remains in the eurozone. The parliamentary elections, the second in as many months, became necessary after the country's fractured political parties were unable to form a working coalition. European member states, once fearful of panicking financial markets, have begun making contingency plans for a possible Greek exit. But at what cost? As Mil Arcega reports, despite its small size, what happens in Greece could have an oversized impact on the global economy.

Greece Eurozone Exit Would Be Felt Worldwide

Published May 31, 2012

Greeks head to the polls again later this month to cast votes for a new government that could ultimately decide whether Greece remains in the eurozone. The parliamentary elections, the second in as many months, became necessary after the country's fractured political parties were unable to form a working coalition. European member states, once fearful of panicking financial markets, have begun making contingency plans for a possible Greek exit. But at what cost? As Mil Arcega reports, despite its small size, what happens in Greece could have an oversized impact on the global economy.


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