Would Greece Leaving The Eurozone Make Greek Yogurt Cheaper?

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Greece avoided driving a really broken-down, rickety car into a wall. But they are still left with the broken-down rickety car and no solution.

— Tony Fratto, managing partner at Hamilton Place Strategies and a Treasury and White House official under President George W. Bush.

(Source: politico.com)

In my judgment the authorities have a three months’ window during which they could still correct their mistakes and reverse the current trends.

By the authorities I mean mainly the German government and the Bundesbank because in a crisis the creditors are in the driver’s seat and nothing can be done without German support.

— George Soros on the euro crisis.

(Source: georgesoros.com)