"Greece won't be leaving the Euro any time soon – Germany won't let it happen" via ForexLive

Here's a quick read on why Greece won't be leaving the Euro any time soon:

• Intertwined relationship between the European countries has obviously created huge economic problems for the peripheral countries in particular
• And it has largely benefited Germany
• Being the dominant banking system in the region Germany also had the most to lose if the Euro collapsed
• In addition to widespread defaults, defections would result in collapsing competitiveness for the Germany currency relative to everyone who leaves

More  (worth a read), here

posted via ForexLive