Greek front-runners vow to stay in euro after elections

[AtW]

Then Greeks cannot rollover debt.

So they default then, stupid investors into Greek bonds will rightfully be parted with their money.

Respective Govts in Europe will have to bail out their own banks from that.

Greece will still stay in euro zone.

[russell]

Looks like the pro bailout will form a government, but they will probably negotiate the terms. This means Greece will be in the Euro for the forceable future.

[BrilloPad]

Greece will still stay in euro zone.

Do you believe that Greece will still be using the Euro in 5 years?

[AtW]

If only the Greeks voted for BrilloPad party with attractive benefits on offer such as hyperinflation due to pants local currency

[BrilloPad]

If only the Greeks voted for BrilloPad party with attractive benefits on offer such as hyperinflation due to pants local currency

Do you believe that Greece will still be using the Euro in 5 years?

[AtW]

Do you believe that Greece will still be using the Euro in 5 years?

I think that's most likely, however even if they drop out from eurozone it would be better for eurozone rather than Greek people. Euro would be better off without Greece.

I can't see any mechanism how they can leave it unless their own Govt makes the move - they are far more likely to default on debts.

[russell]

Do you believe that Greece will still be using the Euro in 5 years?

Yes, there will be a move toward political union.

[BrilloPad]

So they default then, stupid investors into Greek bonds will rightfully be parted with their money.

Respective Govts in Europe will have to bail out their own banks from that.

Greece will still stay in euro zone.

I think that's most likely, however even if they drop out from eurozone it would be better for eurozone rather than Greek people. Euro would be better off without Greece.

I can't see any mechanism how they can leave it unless their own Govt makes the move - they are far more likely to default on debts.

Contradiction alert! WHEN Greece leaves the Euro its good to be initially very bad globally - until ECB starts printing money. That will kick the can down the road for another few months. Then Greece will recover and the PIIS will wonder why they are still in the Euro.

[AtW]

Contradiction alert! WHEN Greece leaves the Euro its good to be initially very bad globally

Why exactly? It would be like amputation - the only concern is about European banks that actually were fooking stupid to buy into Greek debt, that would require local bailouts - it's only fair that each country that supervised those banks do appropriate bailout since they are themselves responsible for allowing banks to buy that tulip debt.

Some US hedge funds will be hit bad but that's their own problem.

The real problem is that there is no mechanism how to kick Greece from euro unless they themselves want to do that but nobody serious is as fooking stupid as that in Greece.

[BrilloPad]

Some US hedge funds will be hit bad but that's their own problem.

No hedge fund has been stupid enough to buy into Greek debt.