Thomas Mayer, ex-chief economist and advisor at Deutsche Bank and current President of Flossbach von Storch Research Institute, said that the two countries most likely to exit the Eurozone are Germany and Greece. During an interview for his new book “The New Order of Money: Why Do We Need a Currency Reform,” Mayer said that Greece cannot survive its sovereign debt inside the Eurozone and Germany could leave the common currency if the European Union proceeds with debt monetization. The German economist believes that if the Eurozone shrinks, we will go back to the question of each country having its own currency, competing with the rest of the EU currencies.
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