Feldstein Sees Greece Quitting the Euro
March 16, 2010 at 23:49 PM EDT
Harvard University Professor Martin Feldstein, who warned in 1997 that a European monetary union would spark greater political conflict and that a single Euro-zone currency would prove an ‘economic liability,’ said Greece’s austerity plan will fail and the country may quit the euro to fix its fiscal crisis. According to Feldstein, the notion that Greece has [...]
