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Business Daily: Greece - in or out?

14/05/2012

Greece - in or out?

BBC World Service - Business Daily, Greece - in or out?

A disection of the anatomy of a euro breakup - how would Greece go about leaving?

Today we disect the anatomy of a euro breakup - how would Greece go about leaving? Plus are powerful women frightening because they are powerful or are they powerful because they are frightening?

The influential German news weekly Der Spiegel certainly knows what it wants to happen to the eurozone: "Adieu Greece" is the headline on the latest issue.  

The paper argues it is time to kick the country out of the euro.  

The growing German opposition to the continued bail out of Greece reflected in that "Adieu Greece" headline is only likely to harden the resolve of the German chancellor Angela Merkel to take a tough line on continued Greek austerity.  

It seems a full scale confrontation is on the cards. So how would Greece leave the Euro?  

Business Daily has gone back to an earlier era of European confrontation to find out. We've taken a look at the challenges of changing currency - Pathe newsreel style.

And Justin Rowlatt debates the intricacies of exit with Guntram Wolff of the European economic think tank Breugel and with Andrew Walker the BBC's Economics Correspondent.

Plus: how do you know when you've met a truly powerful woman?  

It is pretty simple, according to our regular commentator Lucy Kellaway of the Financial Times.  

You'll know she's powerful because she'll scare the pants off you.

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