Blair: UK could still join euro

[lukemg]

Greece is 2% of the eurozone economy, insignificant on it's own. BUT any exit/default can easily lead to Ireland + Portugal bouncing too (much larger UK impact). Worst of all, Spain could go bump and they do have a significant economy.
Germans have to cough up, they are the only economy with significant reserves, end of.

[TimberWolf]

The question is, have Greece pulled a fast one by illegally joining the Euro and wish the gravy train to continue ad infinitum or are they suffering the consequences of ditching the dreckma.