| The weak post-2008 recovery in the global economy is drawing to a close. Greece, China, falling bond and equity prices, all point to trouble ahead. With one of the world's most open economies, we in Ireland will be among the first to feel the draft.
Following the stunning success of the "no" camp in last Sunday's referendum all eyes have been focused on Greece. Will the Mediterranean country be able to agree a package with its creditors that allows it to stay in the euro or is 'Grexit' finally upon us? If Greece does become the first country to exit the single currency what, if any, will be the consequences for the rest of the eurozone?..............................................Full Article: Source |