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Greece out of the euro - but what then?

17.02.12 @ 09:15

  1. By Méabh Mc Mahon

(Photo: EUobserver)

Greece needs to cut down on expenditure and make deep reforms, according to German/Greek economist Janis Emmanouilidis from the European Policy Centre. But Yiorgos Vassalos, a Greek expat and a member of the Greek solidarity movement in Brussels says Greeks should refuse to pay back their debt and rebuild the economy in the interest of the citizens.

EUobserver asks what will happen after the new Greek deal and if there will be elections in April as scheduled. It also examines the collateral damage that the Greek debt crisis is causing in the wider eurozone.