The last 1 month, the financial news were all about Greece Crisis, as they are not able to pay for debt that they have from IMF. it triggers the stock market to be on panic mode. we can see sell off everywhere.
It's just a small economy but why trigger panic everywhere? and how can they get out of their issue? will Greece crisis cause the world economic crisis?
For those who want to know more about this economic crisis related to Greece, there;s a website which you can track on those issue http://www.greekcrisis.net/
I personally think that Greece exits Euro zone is the best option as the union will not give much benefit for those least competitive country like Greece, those Euro zone will need to do their reform not just on the trade policy, but also related to tax transfer policy, whereby those least competitive country /small country like Greece will get benefit from those income inequality tax across the Euro, so that the gaps among those countries can be minimized.
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