Wednesday, May 30, 2012

The National Bank of Greece estimated the cost of a possible departure from the euro zone

The National Bank of Greece warned that, if the country leave the eurozone, sales by half is reduced and the money would be two-thirds of its value lost.

The Central Bank said a report that quantified the damage by the single currency, inflation would explode up to 30% and remained on the rise.

Unemployment would increase already high and Greece Incumpliría most of its foreign debt obligations, according to the report.

But the Economic Affairs of the BBC correspondent says that many observers believe, that an exit of Greece give the euro by devaluing the country not allowed are profits, by you a common currency.

You agree that a depreciation of the currency would facilitate exports and would make it more attractive for the country Hellene as a tourist destination.

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