ZXC - "Its economist predicts that if Greece defaults and is therefore let loose by the EU that after an initial drop in the EURO it will significantly appreciate as people realise that without Greece holding it down, the EU will be a lot stronger. "
In my opinion Greece will default, Italy will default, Spain will default and Portugal will default. The level of debt in these countries expressed as a percentage of GDP makes them all basket cases as there is no way known to man that this debt can be worked off. Basically Europe's problems are unfixable.
