Good piece by Philip Stevens (despite the obvious Scylla and Charybdis reference) on inevitable Greek departure from Euro in May 10 FT. He notes:

“This fundamental contradiction is not sustainable. The moment is approaching when the decision will be taken out of the hands of the politicians in Athens. Financial deadlines are looming. The outcome of the latest poll – and the prospect of another inconclusive election in June – very much suggest Greece is heading fast towards the whirlpool of disorderly default.”

Read the full piece at:


Posted by Carlos Alvarenga

Carlos A. Alvarenga is an Adjunct Professor in the Logistics, Business and Public Policy Department at the University of Maryland’s Robert E. Smith School of Business.

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