GrEUxit?
Greece’s brinkmanship is risking its membership of the EU Quite why the received wisdom has taken root that should the Greek government default on its debts then it follows that Greece will leave the Eurozone is something of a mystery. Logically, the two do not follow at all. Several cities and even states in the US have defaulted without leaving the Dollar zone and while Greece is a semi-sovereign country rather than a province in a federation, which makes a…