Greece

What could be the consequences of Greece leaving the Euro Zone?

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At the beginning of May, elections held in France, Greece, and Germany signaled a clear and resounding rejection to the current plan of austerity in the south of Europe and bailouts orchestrated by the north of Europe.  The bailout plan will not be supported in the northern countries without some semblance of austerity in the southern countries, and the southern countries most likely cannot survive in the Euro Zone without some form of monetary or fiscal support.  What could be the consequences of Greece leaving the Euro Zone?

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