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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Tuesday, July 7, 2015

Wonkblog: A couple of strange ways Greece’s crisis could end

The issue in Greece isn't just whether the country gives up the euro or keeps it. There are other ways the crisis could develop, without a resolution to the question of the euro.One widely discussed possibility is that the government will run out of euros, but instead of returning to the old currency, the drachma, Greece will begin issuing a kind of quasi-official paper money. The government would declare that the scrip could be used to pay taxes in the future, which would give businesses a reason to accept it. People might use scrip like cash for a while, pending some clearer answer to the issue of the currency.Read full article


READ THE ORIGINAL POST AT feeds.washingtonpost.com