You are here

Greece crisis: Time for a political solution?

Returning to the original Europe project sans the euro is one possibility

The chances of Greece being able to restructure its political and economic institutions anytime soon along the lines advanced by Germany are remote. So the decision that Germany would have to make soon would be more political than economic.

SO let's stop thinking for a minute or two about Germany and Greece, and consider the United States and the economic tales of two of its states. First, there is the economy of California. In 2013, it accounted for 13 per cent of America's US$16.7 trillion gross domestic product (GDP). And